Most bitcoin mining stocks went up on Monday, as bitcoin’s price temporarily surpassed $22,000.
As of press time, the price was around $21,600, according to TradingView.
Some stocks rose by double digits, including Marathon’s (+21.39%), Riot’s (+11.85%) and Hut 8’s (+10.76% on Nasdaq).
Other companies still saw their stocks go down, including Mawson Infrastructure Group (-13.58%), Northern Data (-4.94%) and Iris Energy (-2.77%).
Here’s how crypto mining companies performed on Monday, July 18:
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Catarina is a reporter for The Block based in New York City. Before joining the team, she covered local news at Patch.com and at the New York Daily News. She started her career in Lisbon, Portugal, where she worked for publications such as Público and Sábado. She graduated from NYU with a MA in Journalism. Feel free to email any comments or tips to [email protected] or to reach out on Twitter (@catarinalsm).
Source: https://www.theblock.co/post/158325/bitcoin-mining-stock-report-monday-july-18?utm_source=rss&utm_medium=rss