Bitcoin mining companies had a rough day in the markets on Monday, with most falling by double digits.
At market open, many of those stocks were already falling sharply — perhaps unsurprisingly given that the price of bitcoin fell below $23,000 at one point, as well as the general turmoil in crypto markets. As of publication time, bitcoin was priced at around $23,390.
BIT Mining notably went down by -36.60%. Digihost Technology, Greenidge Generation and TeraWulf also saw significant losses — respectively, -20.61%, -18.92% and -17.28%.
Here’s how crypto mining companies performed on Monday, June 13:
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