您现在的位置是:Bitfarms struggle on NASDAQ debut >>正文
Bitfarms struggle on NASDAQ debut
上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛42人已围观
简介The shares of Bitfarms plummeted after the company debuted on the NASDAQ stock exchange, thanks to t...
The shares of Bitfarms plummeted after the company debuted on the NASDAQ stock exchange, thanks to the current bearish trend in the cryptocurrency market.
The shares of renewable, energy-focused BTC mining firm Bitfarms (BITF) have dipped since it debuted on the NASDAQ stock exchange. The company’s stock price declined by over 8% over the past few hours, with the broader cryptocurrency market still in its bearish trend.
The company’s shares began trading at $4.04 and quickly rose to a high of $4.11 as traders and investors welcomed it to the market. However, the rally didn’t continue, with Bitfarms’ shares tumbling to a low of $3.90 afterward.
The decline in Bitfarms’ shares came as the broader cryptocurrency market lost over $300 billion following China’s latest crackdown on crypto trading and mining activities. Bitcoin, the leading cryptocurrency by market cap, is down by roughly 50% from its all-time high price of $65k achieved a few weeks ago.
Ether is also trading below the $2,000 mark for the first time in weeks. The latest market crash saw the total cryptocurrency market cap slip to $1.2 trillion, down from $1.5 trillion. The shares of publicly-listed cryptocurrency mining farms have suffered in recent months, thanks to the various restrictions in countries like China and Iran.
Marathon Digital Holdings’ (MARA) stock price is down by 51% from its all-time high of $56.50. It is currently trading at $27.83 on the NASDAQ stock exchange. Hive Blockchain (HIVE) is also down by 57% from its February high price of $5.50, and it is currently trading at $2.38 per share.
Several provinces in China have recently banned cryptocurrency mining activities, resulting in the decline of Bitcoin’s hashrate over the past few days. China accounts for nearly 65% of Bitcoin’s mining activities, and the recent ban could see other countries try to attract the crypto mining farms.
Tags:
转载:欢迎各位朋友分享到网络,但转载请说明文章出处“上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛”。http://www.jz08.com.cn/news/947822.html
相关文章
New York Attorney General sues CoinEx over failure to register
Bitfarms struggle on NASDAQ debutNew York Attorney General Letitia James sues CoinEX for failing to register with the state.The crypt...
阅读更多
VGX price prediction as Voyager Digital stages a comeback
Bitfarms struggle on NASDAQ debutVoyager Digital price made a strong recovery in the past few days amid rising expectations that the...
阅读更多
EUL token down 52% after the $200 million Euler protocol exploit
Bitfarms struggle on NASDAQ debutHackers stole almost $200 million from Euler protocol on Monday.USDC accounted for a majority of the...
阅读更多
热门文章
- Colombia Launches Crypto Transaction Trial
- New York banking authorities shut down crypto
- Autopilot Trading Bot
- Sir Patrick Stewart: Star Trek captain Stewart has a new mission, end global trash crisis
- Technical outlook for XRP/USD as Ripple Swell begins
- Kim Kardashian fined $1.3 million for scamming her Instagram followers over crypto promotion
最新文章
Klaytn Blockchain to focus on demand and value of KLAY token in 2023: roadmap
BNB Chain launches phase 2 of its online Bootcamp
ChatGPT for financial advice? Morgan Stanley tries AI
Scientists discover pattern that never repeats with 'einstein' tile
World’s first solar panel 'carpet' on railway tracks may generate electricity
Satellite guardian satellites could be on the way very soon