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End Could Be Near for Bitcoin Miners Bear Market

From etftrends.com

Though still needing to more than double to reclaim its all-time high, bitcoin posted a strong showing in July, providing some relief to weary crypto investors. That bullishness, albeit modest, provided support for a notable rally among bitcoin miners, including stocks residing in exchange traded funds such as the VanEck Digital Assets Mining ETF (DAM). Indeed, some bitcoin miners are still mired in deep bear markets, but recent momentum for the group, including some DAM components, is stoking hope that the bear market is drawing to a close. “The market is clearly rewarding the most quality names and there are clear ... (full story)

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  • Category: Fundamental Analysis