CoreWeave's $9B Acquisition of Core Scientific Sparks Market Drop
Crypto stocks experienced significant activity with Core Scientific's shares dropping after a $9 billion acquisition deal with CoreWeave, while Bit Digital shifted to an Ethereum-focused strategy, and IREN reported strong revenue despite lower bitcoin mining. The U.S. House is preparing for 'Crypto Week' to discuss various crypto legislation, amidst stable bitcoin and Ethereum prices. Overall, the crypto sector shows mixed movements with ongoing legislative developments.