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Why Crypto Mining Stocks Jumped Today

TheMotleyFool

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Shares of cryptocurrency mining stocks jumped double-digits on Friday in another good day for the crypto industry. Crypto exchange-traded funds seem to be on their way to the market very soon and some stocks got analyst upgrades as well. The tailwinds are certainly behind crypto mining stocks today.

Hut 8 Mining (NASDAQ: HUT) was up as much as 18% in trading today, Marathon Digital Holdings (NASDAQ: MARA) jumped 11.2%, and Bit Digital (NASDAQ: BTBT) rose 11% today. At 3 p.m. EDT shares of these stocks were up 16%, 10.6%, and 2.9% respectively.

Image source: Getty Images.

Source Fool.com

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