[Coin Briefing] CEP up 2%… HUT down 8%, overall mining stocks weak
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Bitcoin slightly rose, while cryptocurrency-related stocks mostly declined. Mining stocks that showed an upward trend in the previous trading session turned weak.
According to Yahoo Finance on the 29th (local time), MicroStrategy (MSTR), a Bitcoin-holding company, closed at $364.25, down 2.14%.
Coinbase (COIN) dropped 4.56% to $254.29, Block (Block, XYZ) declined 0.55% to $61.81, and Robinhood (HOOD) closed at $65.14, down 1.33%.
Kindly MD (KDLY), which disclosed its Bitcoin holding strategy, rose 6.13% to $24.23, and Canter Equity Partners (CEP) closed up 2.84% at $40.12.
Griffon Digital Mining (GRYP) ended at $1.10, down 4.35%, and medical device company Semler Scientific (SMLR) closed at $41.32, down 4.99%.
Japanese listed company Metaplanet (3350.T), which holds Bitcoin, recorded 1,191 yen, down 2.54%.
Tesla (TSLA) declined 1.65% to $356.90, and NVIDIA (NVDA) closed at $134.81, down 0.51%.
Mining stocks mostly declined and adjusted.
Marathon Digital (MARA) closed at $14.86, down 9.61%, with trading volume exceeding 56.79 million shares.
Riot Platforms (RIOT) dropped 8.30% to $8.38, CleanSpark (CLSK) fell 7.61% to $9.11.
Core Scientific (CORZ) declined 4.42% to $10.78, Cipher Mining (CIFR) traded at $3.35, down 6.15%.
Iris Energy (IREN) fell 3.78% to $8.86, Hut 8 Mining (HUT) recorded $15.54, down 8.01%.
Bit Digital (BTBT) declined 3.10% to $2.48, BitFarms (BITF) was down 8.29% to $0.98.
Hive Digital (HIVE) dropped 4.54% to $1.89, and Terraworks (WULF) closed at $3.79, down 3.80%.
According to TokenPost Market, Bitcoin was trading at $107,949, up 0.14% as of 10:20 AM on the 29th.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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