{"id":3580,"date":"2024-12-02T14:00:13","date_gmt":"2024-12-02T14:00:13","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=3580"},"modified":"2024-12-02T14:00:13","modified_gmt":"2024-12-02T14:00:13","slug":"bitcoin-miners-surge-52-in-november-as-prices-near-100000","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=3580","title":{"rendered":"Bitcoin Miners Surge 52% In November As Prices Near $100,000"},"content":{"rendered":"<div>\n<p>November was a blockbuster month for U.S.listed <strong>Bitcoin<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) miners, with the sector riding Bitcoin&#8217;s meteoric rise to <a href=\"https:\/\/www.benzinga.com\/crypto\">fresh record highs<\/a>. <\/p>\n<p>JPMorgan analyst Reginald L. Smith noted that Bitcoin rallied to $99,000 before ending the month of November at $97,000, buoyed by a post-election rally. <\/p>\n<p>Against this backdrop, miners surged, with the aggregate market cap of 14 JPMorgan-tracked companies jumping 52% month-over-month to $36.2 billion, far outpacing Bitcoin&#8217;s 37% appreciation.<\/p>\n<h2 class=\"wp-block-heading\">Crypto Winners &amp; Losers: Bitdeer Leads The Pack<\/h2>\n<p>Smith highlighted <strong>Bitdeer Technologies Group<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/BTDR#NASDAQ\">BTDR<\/a>) as the standout performer, rocketing 83% in November, driven by its pure-play mining focus &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/trading-ideas\/long-ideas\/24\/12\/42265755\/bitcoin-miners-surge-52-in-november-as-prices-near-100000\" alt=\"Bitcoin\" miners surge in november as prices near>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>November was a blockbuster month for U.S.listed Bitcoin (CRYPTO: BTC) miners, with the sector riding Bitcoin&#8217;s meteoric rise to fresh record highs. JPMorgan analyst Reginald L. Smith noted that Bitcoin rallied to $99,000 before ending the month of November at $97,000, buoyed by a post-election rally. Against this backdrop, miners surged, with the aggregate market [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-3580","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3580","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3580"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3580\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3580"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3580"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3580"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}