Crypto Mining Stocks Fall Amid Uncertainty from Fed Meeting Minutes
According to a report by Jinse Finance, U.S. crypto mining stocks fell sharply at the close on May 28 after the Federal Reserve released meeting minutes showing increasing uncertainty about the U.S. economic outlook. Despite the decline in crypto mining stocks, the crypto market remained unaffected. According to Google Finance data, Riot Platforms (RIOT) fell 8.32% at the close on May 28, Clean Spark (CLSK) dropped 7.61%, and Mara Holdings closed down 9.61%. Meanwhile, COIN also fell by 4.55%.
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