CleanSpark Inc (NASDAQ:CLSK) shares are trading higher on Tuesday. The move follows a significant rally in the broader cryptocurrency market.

Bitcoin Breaks Key Resistance

This strength provided a massive tailwind for mining operators. The total crypto market cap rose 3.54% to $2.53 trillion.

Sector Momentum and Macro GainsHigh Short Interest Volatility

Short interest in Bitcoin mining data center developer increased from 84.61million to 86.14 million shares.

This represents 47.2% of the company’s public float, with an average daily volume of 19.61 million shares.

Technical Analysis

Cleanspark is sitting in the lower half of its 52-week range of $7.03 to $23.61. The stock is trading 20.7%…

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