Mining companies headline crypto equity advances after bitcoin breaches $122K.
Bitcoin Mining Stocks Soar as BTC Approaches $123,000 Record
Bitcoin surged to an all-time high near $123,000 during European trading on Monday, sparking significant gains across crypto equities.
Though BTC later slipped just under $122,000, mining stocks led the rally in early U.S. trading:
- MARA Holdings (MARA) jumped nearly 10% to about $20.95 in the first hour of the session.
- CleanSpark (CLSK) advanced roughly 7.5% to $13.59.
- Core Scientific (CORZ) and Riot Platforms (RIOT) posted smaller, but still solid, gains of 4%-5%.
Beyond mining, other prominent crypto-related stocks also saw upward movement:
- Strategy (MSTR) and Galaxy Digital (GLXY) both climbed close to 3.75%.
- Coinbase (COIN) and Circle (CRCL) recorded more modest gains, each under 2%.
Bitcoin had earlier peaked around $122,870 before dipping back toward $121,700 as U.S. markets got underway.
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