COIN, MSTR Rally as Bitcoin Miners BTDR, MARA, RIOT Surge Over 10%
Crypto-related stocks surged on Tuesday, riding the momentum of a broader crypto rally that has reignited risk appetite across digital assets with bitcoin (BTC) crossing above $90,000.
Shares of Strategy (MSTR), the largest corporate BTC holder, and crypto exchange Coinbase (COIN) were up 8% to 9% during the session.
Leading the move higher were bitcoin miners, with many of them posting double-digit gains, outpacing BTC’s 5% advance. Bitdeer Technologies (BTDR) rallied some 20%, while Bitfarms (BITF), CleanSpark (CLSK), Cipher Mining (CIFR), MARA Holdings (MARA), and Riot Platforms (RIOT) soared between 10% and 15% during the session.
Meanwhile, the broader stock market also rebounded from yesterday’s decline, with the Nasdaq and S&P 500…
