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Bitcoin mining stock report: Monday, July 11
<span class="acf-media-credit"><span class="acf-credit"><span class="acf-credit"><a href="https://www.theblockcrypto.com/" target="_blank">The Block</a></span></span></span>
Quick Take
- Most bitcoin mining stocks went down as a new week of trading started and bitcoin prices fell below $21,000.
- Core Scientific, Bitfarms and Riot Blockchain were the most underperforming stocks.
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As bitcoin prices once again fell below $21,000 over the weekend, mining stocks had a negative day on the market Monday.
Core Scientific, Bitfarms and Riot Blockchain fell by double digits — 17.02%, 12.50% (on the Nasdaq) and 10.81%, respectively.
Bitcoin's price was around $20,400 as of press time, according to TradingView.
Greenidge Generation announced Monday that it had mined roughly 18% more bitcoin in June. The company's stock was down by 3.91% at the end of the trading session.
Here's how crypto mining companies performed on Monday, July 11:
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