MARA, Bitdeer and Other Crypto Stocks Rise as Bitcoin Rebounds to $98,000+

Jerry Kronenberg joined discussion · Nov 30, 2024 01:15

$MARA Holdings (MARA.US)$, $Bitdeer Technologies (BTDR.US)$ and other crypto-related stocks rose sharply Friday as $Bitcoin (BTC.CC)$ appeared to resume its stalled push toward the key $100,000 mark – a peak that it fell just shy of last week.

Crypto stocks gained ground as BTC rose 3% to $97,867.95 as of noon ET, reversing a downward trend that the currency had seen since peaking last Friday at a record $99,655.50 intraday – just short of the $100,000 level.

BTC had been mostly rising since Republican Donald Trump – seen as a crypto supporter – won the U.S. presidential election earlier this month.

However, the cryptocurrency has failed to reach the $100,000 mark so far, falling back to as low as $90,770.81 this past Tuesday.

Still, Friday's resumed Bitcoin rally took the crypto close to $100,000 again, sending several crypto stocks higher as well. Big percentage gainers as of shortly after noon ET included:

-- $Bitdeer Technologies (BTDR.US)$, up 17.1% to $14.32

-- $MARA Holdings (MARA.US)$, ahead 9% to $29.35

-- $TeraWulf (WULF.US)$, which gained 8.1% to $7.88

-- $Cipher Mining (CIFR.US)$, better by 7.8% at $6.95

-- $Bit Digital (BTBT.US)$, which added 7.8% to $4.77

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