Bitfarms (OTCMKTS:BFARF) Trading Down 6.6% – Here’s What Happened

Bitfarms Ltd. (OTCMKTS:BFARFGet Free Report)’s share price traded down 6.6% during mid-day trading on Monday . The company traded as low as $2.11 and last traded at $2.14. 46,416,485 shares were traded during mid-day trading, an increase of 2,944% from the average session volume of 1,524,660 shares. The stock had previously closed at $2.29.

Bitfarms Price Performance

The business’s fifty day moving average is $2.10 and its 200-day moving average is $2.29.

About Bitfarms

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Bitfarms Ltd., a blockchain infrastructure company, mines for cryptocurrency coins and tokens in North America. The company owns and operates server farms comprising computers that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees.

Further Reading

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