Marathon Digital Holdings Inc is trading 6.2% up today at $13.09 as a recovery in major cryptocurrencies lifts the crypto-mining sector.
- The stock is rebounding after Friday’s sharp 11.2% drop, tracking gains in Bitcoin and Ethereum which are up approximately 3.7% and 4.0% respectively.
- Positive risk sentiment in U.S. growth and tech stocks is providing additional support for the move.
- No new company-specific news has been reported this morning, indicating the price action is primarily driven by broader market trends.