Bitcoin mining stocks rise as S&P 500 and Dow Jones hit all-time high
Marathon Digital, Riot Blockchain, and other public Bitcoin mining companies witnessed positive returns on Monday as Wall Street reached new milestones. The top five largest Bitcoin mining firms by market capitalization saw gains ranging from 2.98% to 6.25% on Monday evening, coinciding with record highs set by the S&P 500 and Dow Jones. While no crypto-related companies are directly listed in these indexes, the overall market excitement appears to have influenced investor sentiment. According to data from CompaniesMarketCap, Bitdeer Technologies Group (BTDR) is the main gainer, showing a 6.25% price increase in the past 24 hours. Following closely are Cipher Mining (CIFR), CleanSpark (CLSK), Riot Blockchain (RIOT), and Marathon Digital (MARA) with gains of 5.22%, 3.35%, 3.01%, and 2.98%, respectively. Shares of public Bitcoin mining companies | Source: CompaniesMarketCap You might also like: How much you could make or lose mining Bitcoin in 2024 However, not ...