Crypto Miners Soar on OpenAI-CoreWeave Deal; Galaxy Jumps in Nasdaq Debut
2025-07-04 03:57:47
Description
While cryptocurrencies put in a flattish performance on Friday with bitcoin BTC churning around $104,000, crypto-related stocks were having a moment to shine. Crypto mining and data center firms such as Cipher Mining (CIFR), Hive Digital (HIVE), Hut 8 (HUT) and TeraWulf (WULF) booked 10%-20% gains on optimism about artificial intelligence (AI) computing demand, jolted by CoreWeave (CRWV) signing a $4 billion deal with ChatGPT-developer OpenAI. These firms are often seen as proxies for AI-linked ...
$OP
$0.5525
--5.22%
$BONK
$0.000016484
--3.90%
$ETH
$2550.27
--1.83%
$BTC
$108940.1
--0.86%
$SOL
$150.76
--3.10%
$XRP
$2.2307
--2.64%
Latest News
- Bitcoin Whales Wake Up From 14-Year Slumber to Move Over $2B of BTC2025-07-04 08:19:50
- Crypto ETF BLOX, Which Offers Digital Asset Exposure and Options Income, Gains Steam2025-07-04 07:11:57
- Asia Morning Briefing: SOL up 4% as Analysts Say Staking ETF (SSK) Has Strong Launch2025-07-04 05:50:53
- BONK Surges 10% as Tuttle Capital Sets July 16 as Earliest Launch Date for Its 2X Leveraged ETF2025-07-04 05:50:03
- SEC Halts Grayscale Large Cap Fund Approval for 'Review'2025-07-04 05:50:02