Bitcoin Mining Stocks Lead NASDAQ Gains: 20% Rally in 48 Hours

Bitcoin mining stocks have been among the stock market’s best performers all year. The situation got even better since the start of the week as several miners rallied double digits.Promising developments in the regulatory landscape coinciding with the upcoming Bitcoin halving have blown the lid off shares of publicly traded crypto mining companies.

Bitcoin stocks have been soaring all year, not just this week, on the heels of the latest BTC price rally. By August, Bitcoin stocks Should Ripple Labs receive a favorable final judgment or settlement in its case, that tailwind could continue. An actual SEC approval for a spot Bitcoin exchange-traded fund would also likely increase demand for BTC mining stocks.

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Bitcoin Mining Stocks Rally as BTC Holds Above $30K Despite Looming Halving ConcernsAoyon Ashraf is managing editor with more than a decade of experience in covering equity markets
Источник: CoinDesk - 🏆 291. / 63 Прочитайте больше »

Wall Street drifts as stocks continue to follow the bond market's leadWall Street is drifting in mixed trading, continuing a months-long run where it’s followed the cue of the bond market.
Источник: latimes - 🏆 11. / 82 Прочитайте больше »

Asian stocks rise, China in the lead on new stimulus plansAsian stocks rise, China in the lead on new stimulus plans
Источник: Investingcom - 🏆 450. / 53 Прочитайте больше »