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Crypto related stocks moved higher Friday as Bitcoin (BTC-USD) rebounded and some market watchers suggested the recent wave of selling in digital assets may be nearing its final stage.
Bitcoin is now on track to finish the week roughly 9% higher, showing resilience even as geopolitical tensions in the Middle East have pressured broader markets. Ethereum (ETH-USD) has climbed even more, rising about 11% over the same period.
The rebound has pushed several crypto linked equities sharply higher. MARA Holdings
MARA
jumped about 14%, while Cipher Digital
CIFR
gained roughly 10%. Bitmine Immersion (BMNR) rose around 8%, and CleanSpark
CLSK
added about 7.5%. Other names tied to the sector, including Bakkt
BKKT
, Strategy
MSTR
, IREN
IREN
, Riot Platforms
RIOT
, Bullish (BLSH), and Coinbase
COIN
, were also trading solidly higher.
source: https://www.tradingview.com/news/gurufocus:afa3120fb094b:0-crypto-stocks-jump-as-bitcoin-finds-its-footing/
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