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Cipher Mining sank 6% while MARA and Riot each dropped 4%, falling several times harder than Bitcoin itself on Thursday morning.
Bitcoin's spot ETF IBIT fell just 1% and QQQ dropped under 1%, exposing how brutally miners amplify even modest risk-off sessions.
MARA's beta of 5 and Riot's pivot to a 20-year AI data center lease show these miners now amplify both crypto and tech-tape moves.
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