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Bitcoin mining stock report: Wednesday, July 27
<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 miners saw their stocks go up on Wednesday afternoon.
- Marathon, Core Scientific, Riot and HIVE Blockchain were among the most well-performing stocks.
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Bitcoin mining stocks were up on Wednesday, some by double digits, as the coin's value rose above $22,800 after the US Federal Reserve raised interest rates by 75 basis points.
Bitcoin was trading at roughly $22,700 around market close, according to TradingView.
Marathon's stock was up by 21.86%, followed by Core Scientific's (+18.34%), Riot's (+15.14%) and HIVE Blockchain's (+14.66% on Nasdaq).
Here's how crypto mining companies performed on Wednesday, July 27:
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