Bitcoin mining stocks fell 20% and have decoupled from the price of BTC, according to 10x Research.
According to NS3.AI, the research firm said mining companies are now more closely tied to the AI theme than to BTC’s price movements.
10x Research described the shift as a change in how the market is valuing mining firms, with their performance increasingly linked to AI-related narratives rather than tracking BTC directly.
Bitcoin Mining Stocks Fall 20% and Decouple From BTC Price, 10x Research Says
2026-07-07 19:03:29
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