Bitcoin has plunged below $93,000 in the midst of a significant crypto selloff. As a result, major mining stocks such as WULF, BTDR, IREN, and HUT have each experienced declines of more than 5%. Meanwhile, Semler Scientific, a company that holds BTC and operates in the medical devices sector, saw its shares plummet by 10%. Despite the downturn, there remains some optimism in the market, with one trader predicting a short-term bounce in Bitcoin’s price.
