Bitcoin mining companies had another mostly positive day on the stock markets Wednesday, recovering from steep falls on Monday alongside most of the crypto sector.
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Northern Data, Cipher Mining and Core Scientific’s stocks went up by +8.07%, +7.33% and +6.54%, respectively.
On the opposite end, Argo Blockchain’s stock went down by -7.67% on the London Stock Exchange. Other companies had smaller drops, including Mawson Infrastructure Group (-1.17% ) and Marathon (-1.01%).
The US Federal Reserve said Wednesday afternoon that it would be raising interest rates by 75 basis points. After the announcement, bitcoin prices fell to around $20.300 but jumped back up since.
At press time, it was around $21,800.
Here’s how crypto mining companies performed on Wednesday, June 15:
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