Bitcoin Mining Stocks Marathon Digital, Riot Platforms And CleanSpark Are Rallying: What’s Going On?
Posted On October 14, 2024
Bitcoin (CRYPTO: BTC) mining stocks Marathon Digital Holdings Inc (NASDAQ: MARA), Riot Platforms Inc (NASDAQ: RIOT) and CleanSpark Inc (NASDAQ: CLSK) are trading higher Monday alongside a rise in the price of Bitcoin.
What To Know: Bitcoin has climbed more than 4% over the last 24 hours driving strength in the broader crypto space and crypto-related stocks. Bitcoin is up nearly 10% over the past month and is now about 12% from all-time highs.
The strength across crypto markets comes after Bitcoin ETFs saw strong inflows of approximately $419 million last week, while short-Bitcoin offerings saw outflows of $6.3 million.
The ETF inflows …