14 major companies, shares of which are traded on exchanges, lost 25% of capitalization or $ 6 billion for March, experts of the American investment bank JP Morgan said.

According to bank analysts, March became the “worst in history” for public mining companies. In addition to mining and other business, companies demonstrate the worst financial dynamics for the second month in a row – in comparison with those who are focused only on mining.

The industry is experiencing a protracted decline, despite the fact that US President Donald Trump promised to help her during his election campaign, experts noted.

Against the background of the fall in the price of bitcoin and the growth of mining complexity, to expect any positive changes during the second quarter is unlikely to be expected by bank experts. A few more companies can leave the market that will not have funds to pay off debt obligations and modernize equipment, representatives summed up JP Morgan.

Previously Analysts of the Coinmetrics platform Reportedthat in the first quarter, the influx of bitcoins on the exchange from the side of large miners was stable, while sales of small miners in the market increased sharply.