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Bitcoin Rises Some 8%, Driving MicroStrategies, Marathon Digital and Other Crypto Stocks Up

moomoo News ·  May 15 16:03

By Jerry Kronenberg | Moomoo News

Bitcoin rallied some 8% Wednesday, driving $MicroStrategy (MSTR.US)$, $Marathon Digital (MARA.US)$ and other crypto-related stocks up 10% or more.

$Bitcoin (BTC.CC)$ rose as much as 8% to a $66,451 high during the day before pulling back slightly to change hands at $66,137.54 shortly before 4 p.m. ET, ahead 7.5%.

That and well-received quarterly earnings from some bitcoin-mining firms helped drive crypto stocks higher.

Winners as of shortly before 4 p.m. ET included:

-- $MicroStrategy (MSTR.US)$, up 15.1% at $1,493

-- $BitFuFu (FUFU.US)$, ahead 15% at $3.30

-- $Hut 8 (HUT.US)$, rising 13.3% to $8.82

-- $Cipher Mining (CIFR.US)$, which gained 12.7% to $4.18

-- $CleanSpark (CLSK.US)$, rising 11% to $17.05

-- $Marathon Digital (MARA.US)$, +10.9% at $20.03

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