Bitcoin
What’s happening with Bitcoin mining stocks from Marathon Digital, CleanSpark, Coinbase, MicroStrategy and Riot on Monday?
What’s happening with Bitcoin mining stocks from Marathon Digital, CleanSpark, Coinbase, MicroStrategy and Riot on Monday?
Bitcoin (CRYPTO: BTC/USD) stocks including Marathon Digital Holdings, Inc. (NASDAQ:MARA), CleanSpark, Inc (NASDAQ:CLSK), Coinbase Global, Inc (NASDAQ:COIN), Riot Platforms, Inc. (NASDAQ:REBELLION), MicroStrategy Inc (NASDAQ:MSTR) are trading higher on Monday, with Bitcoin surpassing $63,000 for the first time in 12 days as U.S. institutional investors resumed buying after sales weeks.
Bitcoin bulls and bears are currently fiercely battling this level.
Read too: Fiat-To-Crypto Payments Participants See Big Future After Coinbase and Stripe Deal
Bitcoin is in a downtrend for most of Junebut prices began to stabilize in July as spot Bitcoin ETFs saw positive inflows.
In early July, cryptocurrency analyst Credible Crypto predicted that Bitcoin could surge by around 80% after the correction phase, suggesting substantial rallies after the correction, with the next major leg targeting $100,000.
Investors can gain exposure to Bitcoin through iShares Bitcoin Investment Fund (NASDAQ:I BITE) It is ProShares Bitcoin Strategy ETF (NYSE:BITO).
Price Actions: MARA shares were up 7.08% to $22.24, CLSK was up 7.45% to $17.03, COIN was up 9.38% to $238.48, MSTR was up 10.60% to $1,544.23 at last check on Monday.
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This article What’s happening with Bitcoin mining stocks from Marathon Digital, CleanSpark, Coinbase, MicroStrategy and Riot on Monday? originally appeared on Benzinga.com
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