Bitcoin mining stock prices were swept up in a wider market sell off today, with the market bloodletting draining nearly $8 billion from the cohort’s collective market capitalization in one day.Per BitcoinMiningStock.io, which tracks metrics for 34 publicly traded bitcoin mining stocks, the sector’s market cap declined from $69.1 billion to $61.3 billion between November 12 and November 13.Week-over-week, the cohort’s total capitalization is down 22% from $78.7 billion, and they’re down a further 35% from their all-time high capitalization of $94.2 billion on October 15.
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44 sats \ 0 replies \ @BlokchainB 7h
DESTROYED!! Good thing I sold a bit of my bitframs LEAPS
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29 sats \ 0 replies \ @BeeRye 6h
liquidate them all
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