“It is unclear whether the announcement will spur further near-term upside in bitcoin and mining stocks, or if investors will sell the news,” analysts Reginald Smith and Charles Pearce wrote. “Our sense is mining stocks are due for a breather, but expect stock performance to track bitcoin prices over the coming weeks.”
Related posts
-
Bitcoin Miner Ionic Digital Renews IPO Push, Reports Significant BTC Holdings
Ionic Digital has revived its plans for an initial public offering (IPO) following the appointment of... -
SOL, XRP ETFs Look Unlikely Under a Kamala Harris Presidency, ETF Experts Say
Seeing how current President Joe Biden’s administration has approached crypto, which Geraci characterized as “combative, overall,”... -
Crypto Exchange Zondacrypto Wins 7th License with CySEC Approval
The Role of PAMM, MAM & Copy Trading in Business Growth Strategies | Webinar The Role...