US Stocks Move | Bitcoin Surges Above $65,000, Crypto Mining Stocks Rally, IREN Soars Over 24%

Glonghui, July 30 — Bitcoin has risen above $65,000 per coin, driving up crypto mining-related stocks. Cipher Digital and IREN surged over 24%, Core Scientific rose over 21%, while Riot Platforms, CleanSpark, and Applied Digital all gained over 19%. Hut 8 climbed more than 17%, and MARA Holdings and TeraWulf both increased by over 16%. Morgan Stanley recently initiated coverage on several Bitcoin miners that have transitioned into AI infrastructure providers, highlighting that companies owning large grid-connected energy assets will be well-positioned amid surging demand for AI data centers.