Strength Seen in Cipher Mining (CIFR): Can Its 27.8% Jump Turn into More Strength?
CIFRCipher Mining (CIFR) ZACKS·2024-07-17 03:20

Cipher Mining Inc. (CIFR) shares rallied 27.8% in the last trading session to close at $5.98. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 5.5% loss over the past four weeks.The stock's price increased in response to Bitcoin's price rise over the weekend, following Germany's liquidation of Bitcoin holdings, which alleviated selling pressure on the cryptocurrency.On Friday evening, a failed assassination at ...