Posted 1/26/2024, 5:27:00 PM
Bitcoin Miners Lead Crypto Stock Rally as Bitcoin Price Rises
- Crypto-linked stocks rally, with bitcoin miners leading the gains as bitcoin price rises over 3% on Friday
- Coinbase stock volatile after analyst upgrades and downgrades in the same week
- U.S. election could be a potential positive catalyst for bitcoin price, analyst says
- Traders may have treated bitcoin ETF approval as a "sell the news" event, pulling money out
- Analyst argues this is not the time to turn bearish on bitcoin due to positive 2024 macro environment