Several Bitcoin (CRYPTO: BTC) mining stocks including Marathon Digital Holdings Inc (NASDAQ: MARA), Riot Platforms Inc (NASDAQ: RIOT) and CleanSpark Inc (NASDAQ: CLSK) are trading higher Thursday as bitcoin rebounds off recent lows. Here’s a look at what you need to know.
What Happened: Bitcoin is down approximately 3.3% over the last week, but it’s bouncing back Thursday morning, sparking a rebound in the broader crypto space and in crypto-related stocks.
Bitcoin has been stuck in a trading range near all-time highs since it rallied above $70,000 in March following the approval of several spot bitcoin ETFs. It’s been trending ...