Stay updated with breaking news from Marathon Digital. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The original digital currency increased as much as 5.2% to $54,438 after trading in a narrow range for more than a week. It last traded at this level in December 2021, and reached an all-time high of almost $69,000 the prior month.
Trading sentiment was subdued following a pause in Wall Street’s rally on Monday which saw its main indexes retreat from record highs.
Cryptocurrencies saw a surge on Monday, as the largest cryptocurrency by market capitalization Bitcoin smashing through its major resistance level at $53,000.
Marathon Digital’s MARA bull case is backed by Bitcoin’s BTCUSD upward climb and the company’s efforts to improve product efficiency. Even though there are…
The digital asset added as much as 4.4% to reach $57,039 before paring some of the jump to trade at $56,473 as of 10:22 a.m. Tuesday in Singapore. Bitcoins price has increased 33% since the turn of the year, extending a prolonged rally that has also stoked speculative appetite for smaller tokens like Ether and BNB.