Bitcoin mining stocks plunge as much as 13% amid Wall Street’s worst sell-off

- Shares of major Bitcoin mining companies such as TeraWulf, Core Scientific, Cipher Mining, and IREN fell by more than 12%.
- The decline came as Wall Street saw its worst sell-off since July.
- Rising inflation is believed to be the main cause, weighing on AI infrastructure companies and indirectly affecting the cryptocurrency mining industry.

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Source: CoinTelegraph