Crypto Mining Stocks Bounce Amid Bitcoin Recovery

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Crypto miners are seeing their stocks rebound as bitcoin appears to show signs of a steady recovery.

Investors were likely uncertain about how listed miners would react to the bear market, but feel more confident seeing the price of the world's largest cryptocurrency by market cap stabilize, Jaran Mellerud, a researcher at Oslo, Norway-based Arcane Research, said.

Miners saw gains of 9.6% between market open on Wednesday and market close on Thursday, but they have a long way to go to recoup the 64.2% in losses they have suffered in the last two months.

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:¨as bitcoin appears to show signs of a steady recovery¨, wtf.

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Sell now before the dead cat drops lower

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