Left for Dead Crypto Names Roar Higher as Bitcoin Bounces

Given those factors, just the modestly good news for bitcoin sent the sector’s shares exploding higher. Marathon Digital (MARA) has gained 79% this week, Hut 8 Mining (HUT) added 49% and Bit Digital rose 41%. As for Riot, it’s ahead just 27% this week, perhaps punishment for giving up “blockchain” in its name.