The value of Bitcoin BTC/USD surged to levels around $30,000, largely attributed to the renewed optimism for Securities and Exchange Commission (SEC) approval of ETFs, as well as positive market sentiment following the dismissal of charges against two executives of Ripple in the XRP lawsuit.
It should be noted that cryptocurrency stocks are also affected by the surge in Bitcoin’s value and are subject to price fluctuations influenced by market sentiment and regulatory developments.
Comparison: MARA vs RIOT
In an analysis of the performance of two Bitcoin mining stocks, Marathon Digital Holdings MARA and Riot Platforms RIOT, we compared their year-to-date performances.
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