In brief
- Crypto markets have been roiled by macroeconomic uncertainties.
- The share prices of the 10 leading miners by market value have plunged over the past month.
- Miners and other major crypto stocks were well into negative territory on Thursday.
Bitcoin miners and other crypto-focused stocks plummeted on Thursday amid a wider downturn in crypto markets and other risk-on assets, fueled by the same macroeconomic uncertainties that have bedeviled markets for weeks.
Miners Bitdeer Technologies Group and Bitfarms were down more than 20% and 17%, respectively, while Cipher Mining fell 13%. Share prices of other leaders in the sector, which has faced headwinds in recent weeks, were well into negative territory, including MARA Holdings, which…
