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Stock impact report

Why Bitcoin Miners Soared This Week [Yahoo! Finance]

TeraWulf Inc. (WULF) 
Company Research Source: Yahoo! Finance
Investors have been in "risk on" mode this week as trade tensions between the U.S. and nearly every country in the world seem to be easing, for now. That helped companies downstream of Bitcoin's price, like Bitcoin miners. TeraWulf (NASDAQ: WULF) is up 36% this week, Riot Platforms (NASDAQ: RIOT) jumped 26.1%, and MARA Holdings (NASDAQ: MARA) is up 17% for the week. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Cryptocurrencies have jumped this week as trade tensions eased around the world. The tensions didn't technically have anything to do with cryptocurrencies, but they certainly impact the value of tokens. Bitcoin, in particular, has proven to be highly correlated with growth stocks and magnifies the market's move in general. So, when investors bought growth stocks earlier this week, it's no surprise that Bitcoin was up sharply as well. What's interesting about the move recently is t Show less Read more
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