Stock Track | Bitfarms Surges 6.51% Pre-market as Crypto Stocks Rally Amid Bitcoin Price Climb

Stock Track

10/27

Bitfarms Ltd. (BITF) saw its stock soar 6.51% in pre-market trading on Monday, as part of a broader rally in cryptocurrency-related stocks. The surge comes as Bitcoin, the leading cryptocurrency, reached a new high of $115,549, marking a 3.41% increase over the past 24 hours.

The upward momentum wasn't limited to Bitfarms alone. Other crypto stocks also experienced significant gains in overnight and pre-market trading. Bakkt Holdings joined Bitfarms with an over 9% increase, while companies like CleanSpark, SharpLink Gaming, and Upexi saw jumps of over 6%. Additionally, BitMine, Riot Platforms, and TeraWulf all rose by more than 5%.

The positive sentiment in the crypto market extended beyond Bitcoin. Ethereum, the second-largest cryptocurrency by market cap, also contributed to the bullish trend, trading at $4,194 with a substantial 6.2% increase in the past 24 hours. This overall strength in the cryptocurrency market appears to be a key driver behind the surge in Bitfarms' stock price and those of its peers in the crypto mining and blockchain technology sectors.

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(BITF) saw its stock soar 6.51% in pre-market trading on Monday, as part of a broader rally in cryptocurrency-related stocks. The surge comes as Bitcoin, the leading cryptocurrency, reached a new high of $115,549, marking a 3.41% increase over the past 24 hours.</p>\n\n<p>The upward momentum wasn't limited to Bitfarms alone. Other crypto stocks also experienced significant gains in overnight and pre-market trading. Bakkt Holdings joined Bitfarms with an over 9% increase, while companies like CleanSpark, SharpLink Gaming, and Upexi saw jumps of over 6%. Additionally, BitMine, Riot Platforms, and TeraWulf all rose by more than 5%.</p>\n\n<p>The positive sentiment in the crypto market extended beyond Bitcoin. Ethereum, the second-largest cryptocurrency by market cap, also contributed to the bullish trend, trading at $4,194 with a substantial 6.2% increase in the past 24 hours. This overall strength in the cryptocurrency market appears to be a key driver behind the surge in Bitfarms' stock price and those of its peers in the crypto mining and blockchain technology sectors.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BITF","symbol_name":"Bitfarms Ltd.","start_time":0,"source_url":"","article_id":"1177027210","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1177027210","pubTimestamp":1761553936,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Bitfarms Ltd. (BITF) saw its stock soar 6.51% in pre-market trading on Monday, as part of a broader rally in cryptocurrency-related stocks. 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