Hut 8 is trading at $88.15 (4.1% down) amid a broader risk-off tone affecting both the cryptocurrency and technology sectors.
- Major cryptocurrencies including Bitcoin and Ethereum are down approximately 2–3%.
- The technology sector remains under pressure from an ongoing semiconductor-led sell-off.
- Pre-market pressure follows a steep 10.8% drop on July 16, with no new company-specific news reported overnight.