Cipher Mining Inc. (NASDAQ:CIFR) saw a 10.87% drop in share prices on Wednesday, closing at $16.11 amidst market pessimism linked to US-China trade tensions. CIFR, along with Bitcoin mining peers, CleanSpark, BitFarms, and Hut 8 Corp., saw declines as Bitcoin fell to $107,000 territory.

President Trump’s consideration of export curbs on Chinese goods made with US software dampened market sentiment. China had imposed export restrictions on rare earth products earlier this month, requiring foreign entities to obtain export licenses.

Cipher Mining Inc. (NASDAQ:CIFR) plans to release its third-quarter earnings results on November 3, 2025. In September, CIFR produced 251 Bitcoins, up from 241 in August, driven by a higher self-operating hash rate of 23.6 EH/s. CIFR shows promise as an investment, but other AI stocks may offer higher returns with less downside risk.

Read more at Yahoo Finance: Cipher Mining (CIFR) Loses 10.87% as Bitcoin Falls Hard