Bitcoin Sell-Off Continues, These Miners Tumble Amid Two Pieces Of News

Group 1 - Bitcoin and cryptocurrency prices experienced a retreat as U.S. financial stocks faced a sell-off due to concerns over bad loans at regional banks [1] - Bitfarms announced plans to raise $500 million in an upsized offering, indicating a significant move in the market [1] - Hive Digital's price target was doubled by an analyst, reflecting positive sentiment towards the company [1] Group 2 - Bernstein highlighted that bitcoin miners possess a competitive advantage in the AI boom, naming Iren as a top pick [2] - Bitcoin miners, including HIVE and Hut 8, saw rallies on target hikes and potential AI deals, indicating strong market interest [4] - Marathon Digital, Hut 8, and Bitfarms reported earnings that missed market expectations, suggesting challenges within the sector [4]