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MARA Stock Plummets as Bitcoin Falls Below $77,000 Amid Market Volatility

Guavy AI Editorial Team
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MARA Holdings' (NASDAQ: MARA) stock took a hit on Thursday as digital asset prices plummeted. Bitcoin fell 2% to $77,000, while the Nasdaq and S&P 500 experienced weakness, shedding 1.14% and 0.54%, respectively.

The decline in MARA shares is likely due to the overall market downturn, which saw Brent crude climb past $102 a barrel and crude oil reach May-level highs at $97 a barrel.

Iran's signal of escalating tensions with the US could be contributing to the volatility in financial markets. The ongoing conflict may continue to impact global asset prices.

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