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Vaishali Prayag

YOU WONT BELIEVE: Bitfarms shares slide as bitcoin pullback sparks crypto sell off - What They Never Told You

Bitfarms Crypto Bitcoin

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Bitfarms Inc. (NASDAQ:BITF) shares are trading lower on Tuesday as weakness in the cryptocurrency market drove down valuations of crypto-linked stocks.

What To Know: The decline was tied directly to a broad sell-off in digital assets, with Bitcoin sliding 5.3% and breaking below its 50-day moving average, a technical level that many traders view as an important indicator of near-term momentum. The move erased part of Bitcoin's recent rally and triggered additional losses across the sector.

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