Bitcoin Mining Stocks Marathon Digital, Riot Platforms Are Moving Monday: What’s Going On? – Marathon Digital Holdings (NASDAQ:MARA)

Crypto mining stocks including Marathon Digital Holdings Inc MARA and Riot Platforms Inc RIOT are moving higher Monday amid a rise in the price of Bitcoin BTC/USD.

What To Know: Bitcoin is up more than 2% over the last 24 hours and more than 9% over the last week amid several positive developments. 

Last week, the SEC said it would seek to dismiss all claims against Ripple CEO Brad Garlinghouse and executive chair Chris Larsen, which helped boost the broader cryptocurrency market. 

The upward momentum in Bitcoin also appears to be driven by continued optimism surrounding a potential spot ETF. Grayscale submitted an S-3 with the SEC, showing that it intends to list the shares of its…

Read more on Benzinga

18.3K Reads