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17 Jan 2023

Crypto mining stocks surge to yearly highs after Bitcoin bounces back

Crypto mining stocks surge to yearly highs after Bitcoin bounces backCrypto mining stocks surge to yearly highs after Bitcoin bounces back The surge in crypto mining stocks was a relief for the industry after a crippling year, where public crypto miners incurred $4 billion in liabilities. The Bitcoin BTC tickers down $21,198 price rebound to a multi-month high has also positively affected mining stocks. Many crypto-mining stocks recorded their best monthly performance in a year. The surge in mining stocks also relieved the troubled miners who had to sell a significant chunk of their mined coins to boost liquidity in 2022. Bitfarms — one of the top BTC mining firms — registered a 140% surge in the first two weeks of January 2023, followed by Marathon Digital Holdings with a 120% surge. Hive Blockchain Technologies saw its stock value nearly double i

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