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Home Crypto Bitcoin

Crypto-Linked Stocks Rise With Bitcoin as Analyst Says ‘Not The Time to Turn Bearish’

CoinDeskby CoinDesk
January 26, 2024

Crypto-linked stocks rallied Friday after bitcoin (BTC) price rose more than 3% in the last 24 hours, ending the week in the green. Bitcoin mining companies, which generally are more exposed to the price fluctuations, were the biggest gainers, with many of the stocks rising from 5% to 15%, including Cipher Mining (CIFR), Mawson (MIGI), Core Scientific (CORZ), Sphere 3D (ANY), TeraWulf (WULF), Bitfarms (BITF), Marathon Digital (MARA), and Hut 8 (HUT), which had been particularly hit hard earlier in the week after it became a target of a short seller.

Read The Original Article on CoinDesk

Tags: BitcoinBitcoin miningCoinbaseMarketsNewsStocks

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