Home Crypto News Public Bitcoin Miners Have Shed $14 Billion In 2022, However There’s Bullish Upside

Public Bitcoin Miners Have Shed $14 Billion In 2022, However There’s Bullish Upside

by Cryptoroz

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Public mining corporations are coming into the ultimate quarter of 2022 battered and bruised after 9 months of bear market brutality. On the finish of Q3, the whole market values of all U.S.-listed mining corporations dropped by over $14 billion from the beginning of the yr, in response to information compiled from YCharts. Whether or not the yr’s finish will supply a respite for these corporations is a really open query because the headwinds from macroeconomic tumult appear unabated within the face of historic inflation and scrambling central bankers determined for fast monetary fixes. This text overviews the downtrend in share costs for public mining corporations as the ultimate quarter of the yr begins.

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