Bitcoin Jumps 5%, and Crypto Mining Stocks Soared Today

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Bitcoin Jumps 5%, and Crypto Mining Stocks Soared Today

By Travis Hoium – Apr 22, 2025 at 3:05PM

Key Points

Crypto-friendly Paul Atkins was sworn in as the head of the SEC, replacing Gary Gensler.

Investors poured back into risk assets on Tuesday, helping Bitcoin rise, and miners magnified the move.

This $6 Billion Tech Stock Is Thriving Amid Market Turmoil ›

The price of Bitcoin (BTC 4.76%) recovered on Tuesday as investors swung back to a risk-on trade. Markets have feared growing trade tensions between the U.S. and China, and that pushed stocks lower on Monday. Investors looking for a "safe" alternative have pushed gold and Bitcoin higher, with the biggest cryptocurrency jumping 5.2% in the last 24 hours as of 2:10 p.m. ET today

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Bitcoin Jumps 5%, and Crypto Mining Stocks Soared Today

By Travis Hoium – Apr 22, 2025 at 3:05PM

Key Points

Crypto-friendly Paul Atkins was sworn in as the head of the SEC, replacing Gary Gensler.

Investors poured back into risk assets on Tuesday, helping Bitcoin rise, and miners magnified the move.

This $6 Billion Tech Stock Is Thriving Amid Market Turmoil ›

The price of Bitcoin (BTC 4.76%) recovered on Tuesday as investors swung back to a risk-on trade. Markets have feared growing trade tensions between the U.S. and China, and that pushed stocks lower on Monday. Investors looking for a "safe" alternative have pushed gold and Bitcoin higher, with the biggest cryptocurrency jumping 5.2% in the last 24 hours as of 2:10 p.m. ET today.

Crypto miners followed the move with TeraWulf (WULF 17.56%) jumping as much as 20.9%, Riot Platforms (RIOT 13.04%) rising 14.3%, and MARA Holdings (MARA 14.04%) climbing 12.2%. The stocks are currently up 17.6%, 12.1%, and 11.1% respectively.

#MarketRebound #BinanceAlphaAlert #USStockDrop #BinanceHODLerHYPER #SaylorBTCPurchase