Bitcoin Surge Powers Riot, Marathon Into Golden Cross Territory: Are Crypto Bulls Back?

Bitcoin‘s (CRYPTO: BTC) fiery resurgence, rallying over 38% in the past month, has lit a spark under cryptocurrency miners Riot Platforms Inc (NASDAQ:RIOT) and Marathon Digital Holdings Inc (NASDAQ:MARA).

Both stocks have achieved a Golden Cross — a technical milestone where the 50-day moving average surpasses the 200-day moving average — igniting bullish momentum among traders.

Riot Platforms: Catching The Bitcoin Wave

Riot Platforms has ridden Bitcoin’s rally to a 35% surge in the past month, recovering from a rocky year.

Chart created using Benzinga Pro

The stock trades at $12.14, above its 50-day SMA of $10.18 and its 200-day SMA of $10.18 …

Full story available on Benzinga.com