Most bitcoin mining stocks tracked by The Block trended downward on Friday.
The coin was trading at around $19,200 by market close, according to data from TradingView.
BTCUSD Chart by TradingView
Cipher’s stock fell 9.46%, followed by Stronghold Digital Mining (-7.48%), Northern Data (-7.13%) and Argo Blockchain (-5.79% on the London Stock Exchange).
Bitcoin mining stocks also fell over the course of the week — Argo Blockchain by 21.38% on the London Stock Exchange and Northern Data by 20.29%.
Here’s how crypto mining companies performed on Friday, Oct. 21:
An overview of how miners fared over the week of trading: