--- title: "Why Is Cipher Digital Stock Falling on Friday?" type: "News" locale: "en" url: "https://longbridge.com/en/news/296636162.md" description: "Cipher Digital (CIFR) stock fell 8.98% on Friday, driven by a massive Q2 earnings miss and rising U.S. Treasury yields. The company reported a $267.5 million net loss despite capacity growth. Technically, CIFR is in an intermediate downtrend, trading below key moving averages, with resistance at $18 and support at $14." datetime: "2026-08-21T15:39:17.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296636162.md) - [en](https://longbridge.com/en/news/296636162.md) - [zh-HK](https://longbridge.com/zh-HK/news/296636162.md) generator: "portal-rs" --- # Why Is Cipher Digital Stock Falling on Friday? **Cipher Digital Inc.** (NASDAQ:CIFR) stock is falling on Friday amid lingering pressure from a massive second-quarter earnings miss and rising Treasury yields. The Nasdaq is up 0.22% while the S&P 500 has gained 0.47%. According to Trading Economics, the 10-year U.S. Treasury yield traded around 4.7% on Friday after rebounding sharply in the previous session amid concerns that government plans to reduce borrowing costs may provide only a temporary solution. The 30-year yield climbed to around 5.25%, nearly erasing Wednesday’s decline after the U.S. Treasury Department announced larger debt buybacks. **Read Also: NVIDIA Could Snap up Korean AI Chip Startup Rebellions in Latest AI Power Play** ## **Earnings and Capital Costs Weigh** For infrastructure developers like Cipher, expanding data center capacity requires substantial capital commitments, leaving investors sensitive to shifting macroeconomic conditions. The market continues to digest Cipher’s recent second-quarter financial update on Aug. 4, where the company reported a quarterly net loss of $267.5 million alongside lower **Bitcoin**-mining revenues, despite accelerating capacity delivery at its Black Pearl facility and securing an option for a 900-megawatt site near San Antonio. ## Technical Analysis CIFR is in a clear intermediate downtrend: it’s trading 15.9% below its 20-day SMA ($18.63) and 27.1% below its 50-day SMA ($21.49), which tells you sellers have controlled the last several weeks of price action. It’s also 15.4% below the 200-day SMA ($18.52), so even the longer-term trendline that often acts as support is now overhead resistance. From a structure standpoint, the stock put in a swing high in June (also the 52-week high month) and a swing low in August, and the current price is still working through that post-peak digestion. The longer-term picture remains volatile but not broken—CIFR is still up 165.17% over the past 12 months, even after the recent pullback. - **Key Resistance**: $18 — a round-number area that also sits near the 200-day SMA zone, where rebounds can stall - **Key Support**: $14 — a nearby level that’s close enough to matter if selling continues, and a spot where buyers may try to defend the pullback **CIFR Stock Price Activity:** Cipher Digital shares were down 8.98% at $15.66 at the time of publication on Friday, according to Benzinga Pro data. **Read Also: Walmart’s AI Bet Is Working: Sparky Users Spend 40% More as CEO Says AI Will Reshape ‘Nearly Every Part of Our Business’** *Photo Courtesy: Piotr Swat on Shutterstock.com* ### Related Stocks - [CIFR.US](https://longbridge.com/en/quote/CIFR.US.md) - [CIFRW.US](https://longbridge.com/en/quote/CIFRW.US.md) - [CIFU.US](https://longbridge.com/en/quote/CIFU.US.md) - [.IXIC.US](https://longbridge.com/en/quote/.IXIC.US.md) - [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md) - [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md) - [WMT.US](https://longbridge.com/en/quote/WMT.US.md) - [NVD.DE](https://longbridge.com/en/quote/NVD.DE.md) ## Related News & Research - [Sei Investments Co. Has $1.34 Million Stock Position in Cipher Mining Inc. $CIFR](https://longbridge.com/en/news/295633065.md) - [Cipher Digital CEO Tyler Page sells 225,000 Cipher Digital shares for $4.94 million](https://longbridge.com/en/news/292360783.md) - [Tranchi AI Launches an Always-On AI Acquisition Employee for Real Estate Investors](https://longbridge.com/en/news/296524606.md) - [10-Year Treasury Yield Falls to 4.651% — Data Talk](https://longbridge.com/en/news/296399748.md) - [As 30-Year Yields Spike to 5.31%, Our Top Chart Strategist Warns There’s a Risk to Stocks: ‘In a Word, Yes’](https://longbridge.com/en/news/296153828.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**