Crypto stocks rise on Bitcoin (BTC) price as analyst says ‘this is not the time to be bearish’.

Cryptocurrency-related stocks rebounded Friday to end the week in the green after the price of Bitcoin (BTC) rose more than 3% in the past 24 hours. Bitcoin mining companies, which are generally more exposed to price fluctuations, had the biggest gains, with Cipher Mining (CIFR), Mawson (MIGI), and Core Scientific (CORZ) taking a particularly big hit earlier in the week after being targeted by short sellers. Representative examples include Spear3D (ANY), Terrawolf (WULF), Bitfarms (BITF), Marathon Digital (MARA), and Hut8 (HUT).