Wow, Gold got destroyed today, and mining stocks got it even worse. The top several mining companies lost a combined market cap greater than every crypto combined.
This doesnt surprise me. Ever since the mining indexes broke the neckline of a big head and shoulders formaiton a couple weeks ago they've been in freefall.
I think a bunch of these companies are going to go under (the smaller ones with worse financials) before Gold recovers back to prices they can make money on.