Express

Nearly $1 Billion Market Cap Of U.S. Listed Crypto Companies Evaporated On Monday

Mary Liu

Summary: According to the data collected by The Block, as the price of Bitcoin plummeted on Monday, the stocks of crypto mining companies or mining manufacturers listed in the United States have fallen, and the total market cap of these listed companies has evaporated by nearly $1 billion.  Among them, the share prices of Bitcoin mining ...

According to the data collected by The Block, as the price of Bitcoin plummeted on Monday, the stocks of crypto mining companies or mining manufacturers listed in the United States have fallen, and the total market cap of these listed companies has evaporated by nearly $1 billion. 

Among them, the share prices of Bitcoin mining companies Marathon Patent Group, Riot Blockchain, Hive Blockchain fell 14.24%, 9.21%, and 7.6% respectively; Canaan and Ebang saw their share prices fell 15.89% and 23.96% respectively. 

Bitcoin extends losses today, according to the Bitpush data, as of press time, the trading price of the top cryptocurrency is just a hair over $46,000.

By Mary Liu

  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 4 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 6 days ago
  • Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 8 days ago
  • AI Fraud Is Breaking the Internet’s Trust Economy. Can Compliance Tech Keep Up? 11 days ago
  • Can a $300M RWA Fund Save Avalanche's TVL? 12 days ago
  • You need to login to comment.