Market Capitalization:3 889 282 840 390,7 USD
Vol. in 24 hours:260 985 921 633,17 USD
Dominance:BTC 58,87%
ETH:12,82%
Market Capitalization:3 889 282 840 390,7 USD
Vol. in 24 hours:260 985 921 633,17 USD
Dominance:BTC 58,87%
ETH:12,82%
Market Capitalization:3 889 282 840 390,7 USD
Vol. in 24 hours:260 985 921 633,17 USD
Dominance:BTC 58,87%
ETH:12,82%
Market Capitalization:3 889 282 840 390,7 USD
Vol. in 24 hours:260 985 921 633,17 USD
Dominance:BTC 58,87%
ETH:12,82%
Market Capitalization:3 889 282 840 390,7 USD
Vol. in 24 hours:260 985 921 633,17 USD
Dominance:BTC 58,87%
ETH:12,82%
Market Capitalization:3 889 282 840 390,7 USD
Vol. in 24 hours:260 985 921 633,17 USD
Dominance:BTC 58,87%
ETH:12,82%
Market Capitalization:3 889 282 840 390,7 USD
Vol. in 24 hours:260 985 921 633,17 USD
Dominance:BTC 58,87%
ETH:12,82%
Market Capitalization:3 889 282 840 390,7 USD
Vol. in 24 hours:260 985 921 633,17 USD
Dominance:BTC 58,87%
ETH:12,82%
Market Capitalization:3 889 282 840 390,7 USD
Vol. in 24 hours:260 985 921 633,17 USD
Dominance:BTC 58,87%
ETH:12,82%
Market Capitalization:3 889 282 840 390,7 USD
Vol. in 24 hours:260 985 921 633,17 USD
Dominance:BTC 58,87%
ETH:12,82%
Yes

Bitcoin mining company shares have sharply declined amid a broader downturn in the US stock market, which saw over $1.65 trillion in value disappear.

crypthub
Bitcoin mining company shares have sharply declined amid a broader downturn in the US stock market, which saw over $1.65 trillion in value disappear.

Market-Wide Sell-Off Impact

A significant $1.65 trillion market-wide sell-off occurred on Friday, substantially affecting bitcoin mining equities. This event resulted in a loss of tens of millions of dollars for the top 20 publicly traded firms in the sector.

Sector Vulnerability

The downturn mirrored broader equity losses within U.S. stock markets. This situation underscores the increasing vulnerability of the crypto mining sector to macroeconomic pressures and changes in investor sentiment.