BTC’s move above $122,000 fuels strong gains in bitcoin mining equities.

Bitcoin Miners Rally as BTC Climbs to Fresh Record Near $123,000

Bitcoin briefly touched a new all-time high close to $123,000 during European trading hours on Monday, igniting a surge across crypto-related stocks.

Although BTC later eased back below $122,000, bitcoin mining shares led early U.S. market gains:

  • MARA Holdings (MARA) soared almost 10% to roughly $20.95 shortly after the opening bell.
  • CleanSpark (CLSK) advanced about 7.5% to $13.59.
  • Core Scientific (CORZ) and Riot Platforms (RIOT) saw respectable increases of 4%-5%.

Elsewhere in the crypto equity space, gains were more modest:

  • Strategy (MSTR) and Galaxy Digital (GLXY) each rose around 3.75%.
  • Coinbase (COIN) and Circle (CRCL) posted smaller upticks under 2%.

Earlier in the day, bitcoin peaked around $122,870 before retracing to trade near $121,700 as U.S. markets opened.