Bitcoin Mining Stocks Climb This Week as BTC Hovers Near 17-Month High

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Bitcoin mining stocks soared Thursday as bitcoin (BTC) itself traded around a 17-month high. Shares of U.S.-listed mining companies such as Marathon Digital (MARA), Riot Platforms (RIOT) and CleanSpark (CLSK) rallied during the day amid a wider surge in equities. The largest cryptocurrency by market cap is currently trading around $34,500.

The chart of the day is brought to you by crypto dot com. The world's fastest growing crypto app. Let's take a look at the chart of the day. Bitcoin mining stock soared Thursday as Bitcoin traded around its 17 month high shares of us listed mining companies like marathon digital riot platforms and cleans spark rallied around 10% during the day amid a wider surge in equities.

Meanwhile, the Dow Jones industrial average notched its best day since June crypto related stocks were benefiting from thawing sentiment on Wall Street following a dismal as traders increasingly bet the Federal Reserve is finished with its historic interest rate hiking cycle in an ex post, Caleb Franzen, founder of cu analytics said if you're a crypto trader who believes that a crypto and equity bull market is around the corner, I deplore you to focus on Bitcoin mining stocks to generate...

 

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Bitcoin Mining Stocks Soar 10% as BTC Hovers Near 17-Month High at $35KKrisztian Sandor is a reporter on the U.S. markets team focusing on stablecoins and institutional investment. He holds BTC and ETH.
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