๐ Bitcoin Mining Stocks Surge as BTC Rises! ๐
- Bitcoin mining stocks are on the rise as BTC climbs over 26% from its monthly low, with bulls eyeing $70,000.
- Core Scientific (CORZ) up 2.3% on Monday; Riot Platforms (RIOT), Marathon Digital (MARA), Iris Energy (IREN), Cipher Mining (CIFR), and CleanSpark (CLSK) also saw gains over 2%.
- Optimism grows with 67% of Polymarket users expecting BTC to hit $70,000.
- Industry consolidation in focus: Riot Platforms bid for Bitfarms; Core Scientific rejected CoreWeave's buyout.
- Technicals show mixed signals, but BTC remains above the 200-day moving average.
๐ฌ What are your thoughts on Bitcoin's next move? Share below! ๐ฌ