Why Crypto Stocks Diverged This Month Despite Bitcoin’s Rally Above $80,000

TLDR: Bitcoin surged from $64,000 to over $80,000 in August on ETF inflows and a short squeeze. Bullish jumped 46% on a Q2 earnings beat and its new tokenized share-trading platform.  Cipher Mining fell 33% after a steep revenue miss and new data-center moratorium in New York. Earnings results, not Bitcoin’s rally, ultimately decided each [...]

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