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As a new week of trading commenced, most bitcoin miners’ stocks went down during Monday’s trading session.
Iris Energy, in particular, fell by 36.45% on Nasdaq. Riot, Marathon and Core Scientific also saw their stocks drop by between 9% and 10%.
After announcing declining revenues in the first quarter of 2022, Bitfarms’ stock went down by 5.41% on the Toronto Stock exchange and 7.88% on Nasdaq.
Here is a look at how other crypto mining companies did in the markets on Monday, May 16:
The launch of new spot Bitcoin (CRYPTO: BTC) ETFs in January was a watershed event for the crypto industry. Arguably, it was Wall Street’s biggest new product...
US-based Wells Fargo publicly announced its spot Bitcoin ETF investments in a statement to the US Securities and Exchange Commission (SEC). On the other...
The mining industry for Bitcoins incurred a sizeable debt load during the bull market of 2021, which hurt their financial health during the subsequent...
Ripple is attempting an upside break above the $0.365 resistance zone against the US Dollar. XRP price could fail to gain pace if it...
