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Bitcoin Mining Stocks Rally as strong work Data lifts the market, supports the outlook of soft-landing

cryptobizinvest.com July 3, 2025

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Crypto mining stocks logged strong weekly acquisitions, despite a pullback on Thursday, at a rally fueling by signs that a favorable macroeconomic backdrop can support the soft narrative of the US Federal Reserve.

Riot Platforms (Riot) shares, Hive Digital (Hive), Hut 8 (Hut8), Mara Holdings (Mara), and Bitfarms (BITF) moved forward between 13% and 28% in the past four trading sessions, as US markets closed early on Thursday before the end of Independence Sunday.

Federal Reserve, Mining, Nasdaq, Economy, Bitcoin Mining, Stocks, S&P 500, Vaneck — *Crypto Mining Stocks performance from June 30 to July 3, 2025. Source: Google Finance*

During the Thursday session, investors responded to a better than expected US unusual payroll report, although many public mining companies reserved.

Meanwhile, meanwhile The digital change of Vaneck Change change .

*Vaneck Digital Transform ETF (DAPP) is over 20% year-to-date. Source:* *Finance of Yahoo*

Bitcoin miners follow the broader stock market higher

The rally on bitcoin mining stocks reflects a broader market revolt that has pushed the S&P 500 index and the Nasdaq Composite Index to new all-time highs in a short-term holiday session on Thursday.

The gains were sparked after the Bureau of Labor Statistics It was reported that the US economy added 147,000 jobs in June, while the unemployment rate fell to 4.1% from 4.3% – numbers exceeding Wall Street expectations.

Although workforce participation has dropped to its lowest level since 2022, Economists Related to a denying an immigration crackdown that may be tightly tapped by the supply of labor.

*The price of Bitcoin reached a session of $ 110,541 on Friday before pulling back to noon trading. It’s up to about 2% in the past seven days. Source:* *Cointelegraph*

While the stronger job report is likely Law is the immediate reduction in rate This day, the “wider picture of MacRO remains supportive of rate cuts,” wrote Matt Mena, a crypto strategist research in 21shares.

Mena noted that the current backdrop of MacRO is the type in which “digital assets tend to develop,” pointing to the potential for lower interest rates, improving sentimental at risk and the Realizing the clarity of regulation Through the market structure bill and the Genius Act.

Magazine: Bitcoin vs. The Stablecoins Showdown has been in the Hurso as the Genius Act is near