Commodities take down mining stocks

Commodities take down mining stocks

Bitcoin mining firm Bitfarms set to list on Nasdaq.

  • European shares ended a touch lower as hawkish signals from the U.S. Federal Reserve raised concerns over early policy tightening, with mining stocks falling the most as commodity prices tumbled.
  • Toronto-based Bitcoin mining firm Bitfarms expects to begin trading under “BITF” on the Nasdaq stock market on June 21.
  • The U.S. dollar is on fire, surging higher after the Federal Reserve signalled a more hawkish tone at its June policy meeting and appeared to spur a rethink of the currency's path in 2021.

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