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Bitcoin mining stock report: Wednesday, July 27

Bitcoin mining stock report: Wednesday, July 27

Bitcoin mining stocks were up on Wednesday, some by double digits, as the coin’s value rose above $22,800 after the US Federal Reserve raised interest rates by 75 basis points.

Bitcoin was trading at roughly $22,700 around market close, according to TradingView.

Marathon’s stock was up by 21.86%, followed by Core Scientific’s (+18.34%), Riot’s (+15.14%) and HIVE Blockchain’s (+14.66% on Nasdaq).

Here’s how crypto mining companies performed on Wednesday, July 27:

© 2022 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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Author: Catarina Moura


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