Bitcoin mining stock report: Wednesday, July 27

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:

Source