Given those factors, just the modestly good news for bitcoin sent the sector’s shares exploding higher. Marathon Digital (MARA) has gained 79% this week, Hut 8 Mining (HUT) added 49% and Bit Digital rose 41%. As for Riot, it’s ahead just 27% this week, perhaps punishment for giving up “blockchain” in its name.
- SEO Powered Content & PR Distribution. Get Amplified Today.
- Platoblockchain. Web3 Metaverse Intelligence. Knowledge Amplified. Access Here.
- Source: https://www.coindesk.com/markets/2023/01/13/left-for-dead-crypto-names-roar-higher-as-bitcoin-bounces/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
More from CoinDesk
Troubled Data Center Compute North Struggled With Crypto Winter. Then Its Relationship With a Major Lender Soured
Source Node: 1683663
Time Stamp: Sep 23, 2022
Dogecoin Chart Pattern Suggests Volatility Explosion Ahead
Source Node: 2113098
Time Stamp: May 29, 2023
Framework Ventures Leads $24M Round for Web3 Security Platform Immunefi
Source Node: 1681168
Time Stamp: Sep 22, 2022
Tokenization News Roundup: Resource Extraction, Social Media Monetization and Real World Connections
Source Node: 2232773
Time Stamp: Aug 24, 2023
Is Ledger’s New Bitcoin Key Recovery Feature Safe? Experts Have Doubts
Source Node: 2099693
Time Stamp: May 19, 2023
Quadriga CX Bankruptcy Claimants to Get 13% on the Dollar
Source Node: 2092533
Time Stamp: May 12, 2023
Bitcoin, Crypto-Linked Equities Bounce as Binance/FTX Deal Stems Panic
Source Node: 1748755
Time Stamp: Nov 8, 2022
