Analysis: Several Bitcoin mining stocks rise against the trend, with short covering and electricity advantages as key drivers
ChainCatcher News, according to a certain exchange, although the price of bitcoin has dropped nearly 17% this month, the stock prices of several bitcoin mining companies have risen against the trend. For example, TeraWulf's stock price has increased by 31% this month, Cipher Mining is up 8%, Hut 8 is up 6%, and Core Scientific remains basically flat.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
3 Catalysts Cramer Says Could Extend the Nasdaq Sell-Off This Week
Meta (META.US) AI shopping assistant Muse tests e-commerce, Amazon (AMZN.US) faces potential impact on nearly $70 billion advertising business
Meta Platforms (META.US) has launched its new AI shopping assistant, Muse, which is emerging as a potential threat to Amazon. Muse may challenge the e-commerce giant’s dominance in online shopping and its nearly 70 billion USD advertising business.
Crypto prices
More
