{"id":486962,"date":"2025-11-26T21:59:10","date_gmt":"2025-11-26T21:59:10","guid":{"rendered":"https:\/\/www.financialafrik.com\/en\/2025\/11\/26\/crypto-mining-14-2-billion-in-valuation-erased-in-six-weeks-due-to-the-sharp-reversal-of-bitcoin\/"},"modified":"2025-11-26T21:59:16","modified_gmt":"2025-11-26T21:59:16","slug":"crypto-mining-14-2-billion-in-valuation-erased-in-six-weeks-due-to-the-sharp-reversal-of-bitcoin","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2025\/11\/26\/crypto-mining-14-2-billion-in-valuation-erased-in-six-weeks-due-to-the-sharp-reversal-of-bitcoin\/","title":{"rendered":"Crypto mining: $14.2 billion in valuation erased in six weeks, due to the sharp reversal of Bitcoin"},"content":{"rendered":"

The five largest global miners lost $14.2 billion in market capitalization in six weeks, according to BestWallet.com, marking their strongest correction since the 2022 crash. The decline is directly related to the fall of Bitcoin, which dropped from $127,000 to $87,400 between early October and late November (-30%), a movement amplified by the miners’ business... <\/p>\n

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The five largest global miners lost $14.2 billion in market capitalization in six weeks, according to BestWallet.com, marking their strongest correction since the 2022 crash. The decline is directly related to the fall of Bitcoin, which dropped from $127,000 to $87,400 between early October and late November (-30%), a movement amplified by the miners’ business…... <\/p>\n

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Log in here<\/a><\/div><\/div><\/div>","protected":false},"author":536282,"featured_media":486963,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"https:\/\/www.financialafrik.com\/2025\/11\/26\/crypto-minage-142-milliards-usd-de-valorisation-effaces-en-six-semaines-sous-leffet-du-retournement-brutal-du-bitcoin\/","_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[12038,12008],"tags":[],"class_list":["post-486962","post","type-post","status-publish","format-standard","has-post-thumbnail","category-premium-en","category-stock-exchanges","pmpro-level-required","pmpro-level-1","pmpro-level-3","pmpro-level-4","pmpro-level-5","pmpro-level-6","pmpro-level-7","pmpro-no-access"],"yoast_head":"\nCrypto mining: $14.2 billion in valuation erased in six weeks, due to the sharp reversal of Bitcoin - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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