MARA Holdings (MARA) experienced a severe 24-hour plunge of 14.69% in Monday's night trading session, as the cryptocurrency market faced a sharp downturn amid a broader global market selloff. The significant drop in MARA's stock price outpaced the decline seen in major cryptocurrencies, highlighting the company's heightened sensitivity to digital asset market fluctuations.

The steep decline in MARA's stock can be attributed primarily to the tumbling cryptocurrency prices, with Bitcoin shedding 6.2% of its value to just over $78,080 and Ethereum plummeting by 13% to around $1,576. This crypto market rout is part of a larger global market swoon that has already erased $6 trillion in value across various markets. The selloff has been exacerbated by geopolitical tensions, including the recent announcement of sweeping tariffs by the Trump administration, which has intensified fears of an escalating trade war.

As a company likely involved in Bitcoin mining or holding significant cryptocurrency assets, MARA Holdings is particularly vulnerable to such market volatility. With former Treasury Secretary Larry Summers warning of possible further market turbulence, cryptocurrency-related stocks like MARA may continue to face pressure in the coming days. Investors are closely watching key support levels, with analysts identifying $75,000 as a critical threshold for Bitcoin. The crypto market's future trajectory remains uncertain, with options markets suggesting that selling pressure may persist in the short term.