Bitcoin mining stock report: Wednesday, September 21

Ecosystems•September 21, 2022, 4:47PM EDT
Bitcoin mining stock report: Wednesday, September 21

Quick Take

  • Most bitcoin mining stocks rose but almost as many fell in the markets on Wednesday.
  • Bitcoin’s price fell back to $19,000 after the U.S. Federal Reserve increased interest rates by 75 basis points.
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A majority of mining companies trended upward Wednesday, although nearly just as many traded lower.

Bitcoin's price reached $22,500 earlier in the day but sunk below $19,000 after the news that the U.S. Federal Reserve increased interest rates by 75 basis points.

Mawson Infrastructure Group's stock rose 10.26%, followed by TeraWulf (+7.41%) and Marathon (+5.75%).

Meanwhile, Argo fell -8.47% on the London Stock Exchange, followed by Stronghold Digital Mining (-5.98%) and CleanSpark (-3.26%).

Here's how crypto mining companies performed on Wednesday, Sept. 21:

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