Tag: Bitcoin mining stocks

Bitcoin mining stocks have been on a triple-digit-tear in 2023, but an uptick in BTC sent to exchanges hints at waning momentum. Bitcoin mining companies outperformed BTC price by a huge margin amid the recent bullish price action in the top cryptocurrency. The average year-to-date gains in 2023 across the stocks of top nine public…
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In March mining stocks increased at a slower pace compared to BTC, amid macroeconomic uncertainty and increasing competition among Bitcoin miners. Bitcoin mining stocks had a dull performance in March, with small moves here and there that followed BTC’s price movement. While it is encouraging to see that most stocks held onto their impressive January…
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