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Stock impact report

Bitcoin Pulls Back Below $67K; Is Another Crypto Rally Failing? [Yahoo! Finance]

TeraWulf Inc. (WULF) 
Company Research Source: Yahoo! Finance
Recently, bitcoin's price was lower 2.3% over the past 24 hours, underperforming the broad-market CoinDesk 20 Index's 1% loss during the same period. Ethereum's ether {{ETH}} was also down nearly 1%, while litecoin {{LTC}}, polkadot {{DOT}} and the internet Computer Protocol's token {{ICP}} led losses with 4%-5% declines. A notable outperformer was Solana {{SOL}} with 2.4% gain to $163, though still down from its $170 weekend high. Bitcoin mining stocks also suffered, but one outlier was TeraWulf (WULF), which recently pivoted to high-performance computing to power artificial intelligence (AI) data centers. It's higher by 12% on Monday. Checking possible catalysts for today's action, one need look no further than the recent price movement: bitcoin had risen in near-continuous fashion since dipping to just under $60,000 eleven days ago – a modest reversal was surely in the cards at some point. There's also been a sharp rise in interest rates across Western economies on Monday, a Show less Read more
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