Bitcoin-mining stocks rallied on Friday, driven by Applied Digital Corporation’s strong performance of 22.18% to close at 6.83 USD. Other companies like Bitdeer Technologies and Hut 8 also recorded notable increases of 10.63% and 9.95%, respectively.
While this week was favorable for most, year-to-date data shows Northern Data struggling with a decline of 38.42%, contrasting sharply with Galaxy Digital’s impressive increase of 29.26%. The market remains volatile as it adjusts.
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