Analysis Today TheBitTimes.com

Bitcoin miner Marathon Digital has seen its stock trading volumes soar, topping U.S. mid and large-cap stocks ahead of a potential spot Bitcoin ETF approval. In the past 24 hours, the firm’s trading volume exceeded 105 million shares, outperforming tech giants like Tesla, Apple, and Amazon, as per Yahoo Finance’s market data. Marathon Digital’s shares lead in trading volume over the past 24 hours | Source: Yahoo Finance Riot Platforms, another significant player in the Bitcoin mining sector, also marked a notable presence, ranking as the sixth most-traded stock with over 40 million shares traded in the same period. This surge in Bitcoin mining stock s is attributed to the mining industry’s expansion efforts in anticipation of the potential approval of a spot Bitcoin exchange-traded fund (ETF) in early January, coupled with the upcoming Bitcoin halving event in April. You might also like: Marathon Digital’s stock performance peaks in 2023 as BTC...

Bitcoin's bull market is likely to start earlier than expected due to anticipation of the BTC halving and favorable macroeconomic conditions, according to Mark Yusko, founder and CEO of Morgan Creek Capital Management. The next crypto bull market will start sooner than most people think, according to Mark Yusko, the founder and CEO of Morgan Creek Capital Management. Yusko thinks the next crypto bull run or, as he calls it, "the crypto summer ," could kick off as soon as the second quarter of this year due to the combination of more dovish central bank policies and the anticipation of the Bitcoin (BTC) halving.  While the United States Federal Reserve is unlikely to cut interest rates anytime soon, according to Yusko, the markets tend to anticipate the Fed's decisions. That means even a slowing down or a pause in interest-rate hikes would be interpreted as the signal of an imminent pivot. That would spark a positive dynamic among all risk assets, including crypto. ...