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Crypto Mining Stocks Rally as Bitcoin Hovers Around $80K: MARA Jumps 7%, TeraWulf and IREN Climb 5%

Crypto Mining Stocks Rally as Bitcoin Hovers Around $80K: MARA Jumps 7%, TeraWulf and IREN Climb 5%

Crypto Mining Stocks Rally as Bitcoin Hovers Around $80K: MARA Jumps 7%, TeraWulf and IREN Climb 5%

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Crypto mining stocks are climbing Tuesday after Bitcoin (CRYPTO:BTC) topped $80,000, reaching a more than three-month high, but then dipped back below that key level. The rally is broad, but individual movers tell a nuanced story.

MARA Holdings (NASDAQ:MARA | MARA Price Prediction) stock is up 7% to $11.93, TeraWulf (NASDAQ:WULF) stock is up 5% to $16.21, and IREN Limited (NASDAQ:IREN) stock is up 5% to $41.67. For context, the Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) is up 2% to $28.48, well short of the individual miners’ moves.

Coming into the session, MARA was up 25% year to date through Monday’s close, TeraWulf was up 35%, and IREN was up 5%. Bitcoin has…

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