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[Coin Weekly Brief] Bitcoin rally drives related concept stocks higher... Mining stocks collectively rebound
Against the backdrop of Bitcoin’s upward trend, cryptocurrencies-related stocks generally performed strongly. Bitcoin rose… returning to the $78.5k level
As of the 23rd, Bitcoin increased by 2.87%, closing at $78,532.
The gain widened from the previous day’s 2.01%.
Cryptocurrency concept stocks rose… Stratify and Coinbase performed strongly
Stratify closed up 9.40%, at $179.36.
Coinbase increased by 5.25%, at $206.24.
Block rose 1.05%, to $72.50.
Robinhood increased 2.31%, to $88.43.
Nakamoto rose 5.65%, to $0.243.
American Bitcoin increased 8.06%, to $1.34.
Metaplanet declined 0.88%, to 336 yen.
Mining stocks strengthened… MARA and RIOT rose
Marathon Digital increased 5.43%, to $11.84.
Riot Platforms closed up 6.15%, at $18.48.
CleanSpark rose 6.08%, to $12.21.
Bit Digital increased 7.10%, to $1.66.
Hive rose 4.80%, to $2.60.
TeraWulf increased 3.95%, to $20.55.
Core Scientific rose 2.02%, to $21.19.
Cipher increased 7.76%, to $19.44.
Iris Energy rose 7.13%, to $48.39.
Hut 8 closed up 5.43%, at $80.74.
Circle increased 8.68%, Bitmain increased 7.37%.
Tron declined 0.40%, showing limited weakness.
Article summary by TokenPost.ai
🔎 Market interpretation: Risk asset preference linked to Bitcoin’s rise has expanded.
💡 Strategic focus: Short-term momentum strategies centered on mining stocks are effective.
📘 Terminology explanation: Mining stocks refer to companies rewarded through block generation.
TokenPost AI Notice: This article summary is generated using a language model based on TokenPost.ai. The main content of the text may be omitted or may differ from actual facts.