Why Crypto Stocks Skyrocketed Higher This Week
CIFRCipher Mining (CIFR) The Motley Fool·2024-06-08 03:57

Crypto overall didn't move much, but Bitcoin had a great week.The crypto industry came to life this week driven by gains from Bitcoin (BTC -2.44%). Economic news this week was a bit mixed with a strong jobs report coming out on Friday after OPEC maintained oil production cuts earlier in the week. Bond yields rose as investors pushed out expectations for a rate cut. According to data provided by S&P Global Market Intelligence, shares of Coinbase Global (COIN -4.62%) rose as much as 16.5% for the week, MicroS ...