Bitcoin's price has plunged amid rising tensions in the Middle East - what comes next? [Yahoo! Finance]
MARA Holdings, Inc. (MARA)
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Source: Yahoo! Finance
Tensions in the Middle East were a major factor in bitcoin's price drop, with Iran's missile attack on Israel shaking markets. As violence continues unabated in the Middle East, bitcoin is expected to see further downward pressure. As the attack escalated, other cryptocurrencies were also impacted. The world's second-largest cryptocurrency, ethereum, for example, also plummeted by 6.3%. It currently sits at a price of $2,456, according to CoinMarketCap. Additionally, bitcoin mining companies have also been negatively impacted, with Marathon Digital seeing its shares drop almost 9% and briefly settle at a new price of $14.84. Despite “Uptober” promising to emerge, market activity has not reflected this just yet. While the U.S. Federal Reserve's recent interest rate cuts offered some buoyancy to crypto markets, bitcoin is still struggling, though many market analysts see its long-term forecast as ultimately resilient. On average, October typically sees the world's largest crypto
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MARA
News
- Should You Forget Bitcoin and Buy Shiba Inu Instead? [Yahoo! Finance]Yahoo! Finance
- Why the Market Dipped But Marathon Digital Holdings, Inc. (MARA) Gained Today [Yahoo! Finance]Yahoo! Finance
- Marathon Digital Holdings, Inc. (MARA) Is a Trending Stock: Facts to Know Before Betting on It [Yahoo! Finance]Yahoo! Finance
- MARA produces 705 bitcoins in September [Seeking Alpha]Seeking Alpha
- MARA Announces Bitcoin Production and Mining Operation Updates for September 2024GlobeNewswire
MARA
Earnings
- 8/1/24 - Miss
MARA
Sec Filings
- 10/3/24 - Form 4
- 9/20/24 - Form 4
- 9/20/24 - Form 4
- MARA's page on the SEC website