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Most of the stock prices of Bitcoin miners fell on Monday, as the cryptocurrency fell below $18,500 before rising back to $19,500 by the time the market closed, according to data from TradingView.
The cryptocurrency market as a whole traded lower late last week and earlier this week due to the Federal Open Market Committee’s decision to raise interest rates on Wednesday.
Stock of Iris Energy fell 14.43%, followed by Northern Data (-12.88%) and Mawson Infrastructure Group (-12.58%).
Stock of Marathon fell 0.46% after Applied Blockchain announced that it had renewed its storage contract with miners by 70 megawatts.
TeraWulf has announced the power supply to 3,000 miners at its New York facility, and Bitfarms began mining in Argentina. The stock of the companies fell 4.27% and 3.51%, respectively (on the Toronto Stock Exchange).
This is the activity of cryptocurrency miners on Monday, September 19:
See also: The market will not skyrocket anytime soon – It is necessary to adapt to this dark period.
