INSUBCONTINENT EXCLUSIVE:
Crypto mining stocks logged strong weekly gains, despite a pullback on Thursday, in a rally fueled by signs that a favorable macroeconomic
MARA Holdings (MARA), and Bitfarms (BITF) surged between 13% and 28% over the past four trading sessions, as US markets closed early on
Thursday ahead of the Independence Day holiday weekend.The performance of crypto mining stocks from June 30 to July 3, 2025
mining companies retraced gains
Digital Transformation ETF (DAPP) is up over 20% year-to-date
Source: Yahoo FinanceRelated: Core Scientific shares soar as CoreWeave revives buyout talksThe rally in Bitcoin mining stocks mirrored a
broader market upswing that pushed the S&P 500 Index and the Nasdaq Composite Index to new all-time highs in a holiday-shortened session on
Thursday.Gains were sparked after the Bureau of Labor Statistics reported that the US economy added 147,000 jobs in June, while the
lowest level since 2022, economists attributed the decline to an immigration crackdown that may be tightening labor supply.The Bitcoin price
reached a session high of $110,541 on Friday before pulling back in midday trading
and the prospect of regulatory clarity through the market structure bill and the GENIUS Act.Magazine: Bitcoin Vs
Stablecoins showdown looms as GENIUS Act nears
