US EditionBitcoin Mining Stocks Rally as Strong Jobs Data Lifts Market, Supports Soft-Landing Outlook – #CryptoUpdatesGNIT
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Bitcoin Mining Stocks Rally as Strong Jobs Data Lifts Market, Supports Soft-Landing Outlook – #CryptoUpdatesGNIT
Crypto mining stocks logged strong weekly gains, despite a pullback on Thursday, in a rally fueled by signs that a favorable macroeconomic backdrop could support the US Federal Reserve’s soft-landing narrative. Shares of Riot Platforms (RIOT), Hive Digital (HIVE), Hut 8 (HUT8), MARA Holdings (MARA), and Bitfarms (BITF) surged between 13% and 28% over the past four trading sessions, as US markets closed early on Thursday ahead of the Independence…
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