Bitcoin mining stocks were down on Monday, as Bitcoin prices fell closer to $20,000 after staying above $21,000 for most of the weekend, according to data from TradingView.
As of press time, Bitcoin’s price was back up to around $20,900.
Core Scientific saw its stock drop by as much as 12.92%. Other companies that experienced losses include CleanSpark (-8.11%), TeraWulf (-7.95%) and Marathon (-7.68%).
On the other side, Iris Energy was up by 12.13% and BIT Mining by 11.82%.
Here’s how crypto mining companies performed on Monday, June 27:
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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/154413/bitcoin-mining-stock-report-monday-june-27?utm_source=rss&utm_medium=rss