WULF - Bitcoin's Price Rebound Triggers Rally In Crypto-Linked Stocks As Expert Highlights 'Very Bullish Long Term' Outlook | Benzinga
In the wake of a more than 4% surge in Bitcoin’s (CRYPTO: BTC) price over the last 24 hours, stocks linked to the cryptocurrency have experienced a notable increase.
This upward trend comes as experts caution against adopting a bearish outlook at this juncture.
What Happened: As reported by CoinDesk on Friday, stocks associated with cryptocurrency ended the week on a high note.
Stocks in companies such as Cipher Mining Inc. (NASDAQ:CIFR), Mawson Infrastructure Group Inc. (NASDAQ:MIGI), Core Scientific Inc. (NASDAQ:CORZ), Sphere 3D Corp. (NASDAQ:ANY), TeraWulf Inc. (NASDAQ:WULF), Bitfarms Ltd. (NASDAQ:BITF), Marathon Digital Holdings LLC. (NASDAQ:MARA), and Hut 8 Corp. (NASDAQ:HUT) saw increases ranging from 5% to 23%.
Other crypto-related ...