Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Bitcoin, Marathon Digital, and Hut 8 Mining Are Rising Today

TheMotleyFool

0 0

Why Bitcoin, Marathon Digital, and Hut 8 Mining Are Rising Today: https://g.foolcdn.com/editorial/images/701914/generic-upward-4.jpg

After a tough start to the week, cryptocurrencies and crypto stocks poked their heads above water following the conclusion of the Federal Reserve's September meeting Wednesday.

Over the last 24 hours, the price of the world's largest cryptocurrency, Bitcoin (CRYPTO: BTC), traded 1.2% higher as of 3:48 p.m. ET today. The price of Bitcoin jumped back over $19,000, as of this writing, after dipping below that level earlier this week.

Shares of the Bitcoin miners Marathon Digital (NASDAQ: MARA) and Hut 8 Mining (NASDAQ: HUT) traded roughly 4% and more than 7% higher. Earlier in the afternoon, both stocks had been up by more than 10%.

Source Fool.com

Like: 0

BTC

Share