Bitcoin Surges Past $70K, Fueling 20%+ Gains for Crypto Stocks

Bitcoin crossed $70,000 for the first time, causing crypto stocks like Cleanspark, Riot Platforms, and Microstrategy to surge over 20%
These companies are extremely exposed to Bitcoin price movements since they mine or invest heavily in the cryptocurrency
This price spike occurred despite recent outflows from Bitcoin spot ETFs, defying skeptics
Bitcoin is nearing its next "halving" which will cut mining rewards in half, driving more interest before that happens
With crypto bullishness high and inflation apparently moderating, Bitcoin seems poised to hold its value absent adverse events in the near future