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Crypto Miners Extend Slump as Bitcoin Price Falls to Lowest Point Since October

Some miners have lost almost 50% of their market capitalization since bitcoin reached its all-time high in November.

Updated May 11, 2023, 4:06 p.m. Published Dec 13, 2021, 10:27 p.m.
Network cables connected to bitcoin mining rigs (Andrey Rudakov/Bloomberg via Getty Images)
Network cables connected to bitcoin mining rigs (Andrey Rudakov/Bloomberg via Getty Images)