Crypto prices are not the only things gaining this week. Bitcoin mining stocks are also on a roll on the back of renewed market momentum.
Share prices in some of the major publically listed Bitcoin mining companies have skyrocketed this week.
The move comes on the back of a wider crypto market rally which has added almost $100 billion to total capitalization over the past week. Bitcoin is up more than 13% since the beginning of this year, adding to the demand for mining stocks.
Bitcoin mining firms Riot Blockchain, Marathon Digital, Hive, Hut8, and Bitfarms have been on fire this week. Many have posted double-digit gains over the past few days.
(By Martin Young)
All Comments