Cryptocurrency News

Bitcoin mining stocks rebound sharply despite a 70% drop in BTC miners’ revenue

07/07/2022

Less than a minute

2022.07.07 07:41

Bitcoin mining stocks rebound sharply despite a 70% drop in BTC miners’ revenue

Bitcoin (BTC) mining companies have suffered in 2022 due to the crypto bear market. Nonetheless, their stocks collectively saw a sharp rebound on July 6, raising hopes that investors have started to buy the dips.

One of the intraday winners was Bitfarms (TSE: BITF), which surged by over 24% to close at $1.29.

07/07/2022

Less than a minute

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