Most bitcoin mining stocks declined in value on Tuesday.
The moves came as the price of bitcoin slipped closer to $20,000. The price was at around $20,200 as of press time, according to TradingView.
Bitfarms, Iris Energy and Hut 8’s stocks fell by 9.94%, 9.36% and 9.26%, respectively.
TeraWulf and Argo, however, were up by 5.04% and 2.34%.
Here’s how crypto mining companies performed on Tuesday, June 28:
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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/154635/bitcoin-mining-stock-report-tuesday-june-28?utm_source=rss&utm_medium=rss