Bitcoin mining stocks sink as the cryptocurrency tests key $50,000 support level | Currency News | Financial and Business News

Bitcoin mining.

  • Bitcoin tested the key $50,000 support level on Wednesday but quickly recovered.
  • The cryptocurrency was down roughly 16% from its March 13 record highs before a rebound.
  • Bitcoin mining stocks, which are highly correlated to the price of BTC, all fell on Wednesday before mounting a recovery.
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Cryptocurrency mining stocks had a tough day on Wednesday as bitcoin tested its…


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