Bitcoin’s rise of 13% spurred increases in crypto-linked stocks, with Coinbase, CleanSpark, and MicroStrategy achieving double-digit gains even as the S&P 500 dropped. This suggests is that investors may be turning to cryptocurrency as a safer alternative.
Certain mining companies face ongoing struggles due to reduced block rewards and increased hardware costs from tariffs. While some stocks thrived in April, many remain down year-to-date, reflecting the challenges of the first quarter.
Leave a Reply