BTC - Why Riot Platforms Hut 8 Mining Corp and HIVE Blockchain Technologies Are Volatile Today
Several Bitcoin (CRYPTO: BTC) miners rose this morning after a good weekend for Bitcoin, in which the price of the world's largest cryptocurrency topped $21,200.
Shares of the Chinese Bitcoin miner Riot Platforms (NASDAQ: RIOT) traded more than 10% higher earlier today. But as of 11:27 a.m. ET today, shares of Riot were down 2%.
Shares of Hut 8 Mining Corp (NASDAQ: HUT) traded as much as 19% higher today but now only trade about 8% higher, while shares of HIVE Blockchain Technologies (NASDAQ: HIVE) were up about 14% but now are only up about 4.5%.
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Why Riot Platforms, Hut 8 Mining Corp, and HIVE Blockchain Technologies Are Volatile Today