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 <p class="is-style-lead">Marathon Digital, Riot Blockchain, and other public Bitcoin <a rel="noopener noreferrer nofollow" title="mining" href="https://thebittimes.com/tag/mining.html">mining</a> companies witnessed positive returns on Monday as Wall Street reached new milestones.</p>
 <p>The top five largest Bitcoin <a rel="noopener noreferrer nofollow" title="mining" href="https://thebittimes.com/tag/mining.html">mining</a> firms by market capitalization saw gains ranging from 2.98% to 6.25% on Monday evening, coinciding with record highs set by the S&amp;P 500 and Dow Jones. While no crypto-related companies are directly listed in these indexes, the overall market excitement appears to have influenced investor sentiment.</p>
 <p>According to data from CompaniesMarketCap, Bitdeer Technologies Group (BTDR) is the main gainer, showing a 6.25% price increase in the past 24 hours. Following closely are Cipher Mining (CIFR), CleanSpark (CLSK), Riot Blockchain (RIOT), and Marathon Digital (MARA) with gains of 5.22%, 3.35%, 3.01%, and 2.98%, respectively.</p>
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   <img decoding="async" width="1024" height="323" src="https://cdn.thebittimes.com/images/2024/01/23/46ce4695ccc82fe0afbf57350396d148.webp" alt="Bitcoin mining stocks rise as S&amp;P 500 and Dow Jones hit all-time high - 1"> 
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   Shares of public Bitcoin <a rel="noopener noreferrer nofollow" title="mining" href="https://thebittimes.com/tag/mining.html">mining</a> companies | Source: CompaniesMarketCap
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  </svg> <span class="cn-block-related-link__prefix"> You might also like: </span> How much you could make or lose <a rel="noopener noreferrer nofollow" title="mining" href="https://thebittimes.com/tag/mining.html">mining</a> Bitcoin in 2024
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 <p>However, not all <a rel="noopener noreferrer nofollow" title="mining" href="https://thebittimes.com/tag/mining.html">mining</a> companies experienced positive returns on Monday. Core Scientific (CORZQ) faced a 9.3% decline amid reports of U.S. authorities investigating its backer, B. Riley, over connections to a client involved in securities fraud. The U.S. Securities and Exchange Commission (SEC) reportedly conducted interviews regarding the Los Angeles-based bank’s transactions, but no public accusations of wrongdoing were made against B. Riley.</p>
 <p>The positive momentum wasn’t exclusive to Bitcoin <a rel="noopener noreferrer nofollow" title="mining" href="https://thebittimes.com/tag/mining.html">mining</a> companies only, as public crypto exchange Coinbase also saw a 2.7% rise, driving COIN share prices to $128.2. On January 22, the S&amp;P 500 index achieved a 0.2% gain, reaching an all<a rel="noopener noreferrer nofollow" title="-time" href="https://thebittimes.com/tag/time.html">-time</a> high at $4,866, according to Google Finance data. Additionally, the Dow index surpassed 38,089 for the first time, marking a 0.4% increase.</p>
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  </svg> <span class="cn-block-related-link__prefix"> Read more: </span> Bitcoin mining reaches new all-time high of 54% renewable use
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/bitcoin-mining-stocks-rise-as-s-p-500-and-dow-jones-hit-all-time-high-tbt77398.html">https://thebittimes.com/bitcoin-mining-stocks-rise-as-s-p-500-and-dow-jones-hit-all-time-high-tbt77398.html</a></p>

Bitcoin mining stocks rise as S&P 500 and Dow Jones hit all-time high

TheBitTimes

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