- MARA stock jumps on crypto bounce: Marathon Digital (NASDAQ:MARA) surged about 8% to ~$21.20 on October 20 as Bitcoin prices rebounded above $110,000 [1] [2], recovering from last week’s crypto sell-off.
- Bitcoin’s wild swings hit miners: “Uptober” saw Bitcoin near $124K early this month, but a mid-October plunge below $110K amid macro jitters (trade tensions, a government shutdown) erased 10%+ of its value [3]. Crypto mining stocks tumbled in tandem – MARA fell ~11% in a day [4] while peers like Riot Platforms slid ~10%.
- Marathon buys the dip: Bucking the trend, Marathon purchased 400 BTC (~$46 million) during the crash [5] – boosting its Bitcoin treasury to ~53,250 BTC (worth over $6 billion) [6]. This deep stash cements Marathon as the No.2 corporate Bitcoin holder after MicroStrategy, reflecting its strategy to accumulate coins when others sold.
- Analysts bullish on MARA: Wall Street maintains a “Moderate Buy” view on Marathon, with no sell ratings and an average 12-month price target around $24 [7] [8]. Rosenblatt Securities raised its target to $25 last week [9], and Cantor Fitzgerald recently issued a $30 target [10] after Marathon’s strong Q2 earnings beat (revenue +64% YoY, surprise profit) [11].
- High correlation with Bitcoin: Investors see Marathon as “a liquid, stock-market way to bet on Bitcoin’s fortunes – for better or worse” [12]. When BTC soars, MARA often soars further, and when BTC pulls back, MARA sinks faster [13]. The stock’s beta (>4) underscores this amplified volatility. Marathon’s CEO Fred Thiel remains “extremely bullish” on Bitcoin, predicting it could approach $200,000 by late 2025 amid surging demand [14].
- Crypto outlook: optimism vs. obstacles: Bitcoin’s 2025 rally (total crypto market ~$4 trillion) and spot ETF hopes have improved sentiment [15]. U.S. regulators recently opened the door for spot Bitcoin ETFs – a “watershed moment” expected to unleash mainstream investment [16]. However, mining challenges persist: post-halving network difficulty at record highs is squeezing profit margins despite Bitcoin’s high prices [17]. Jefferies analysts note sector profitability fell ~7% in September as hash rates climbed and BTC prices slipped [18] [19], and they cautiously peg MARA at a Hold with a $19 target [20].
MARA Stock Rebounds with Bitcoin’s Recovery
Marathon Digital’s stock jumped sharply on Monday, riding a broader crypto market relief rally. By afternoon trade on October 20, MARA shares were up about 8.3% at roughly $21.20 [21]. This surge coincided with Bitcoin climbing back above the $110,000 level [22], suggesting improved risk appetite after a volatile week. Marathon – one of the largest publicly traded Bitcoin miners – often moves in lockstep with Bitcoin, and its latest spike reflects that tight correlation. Traders pointed to easing macro fears (a U.S. shutdown resolution and hopes of stable interest rates) and renewed optimism around a potential Bitcoin ETF as factors helping crypto prices stabilize. Bitcoin was trading near $111K on Monday [23], which helped lift MARA from last week’s lows.
The rebound comes after a bruising downturn in the prior days. Late last week, Bitcoin and crypto assets faced a sharp sell-off, and Marathon’s stock slumped in response. On Thursday (Oct. 16), Bitcoin’s price broke below $110,000 for the first time in months [24], touching lows around $107K amid a wave of risk-off trading. That day, MARA plunged about 11% intraday to around $20.28 [25], and rival miner Riot Platforms sank roughly 10%. The sector-wide slide was fueled by global macro jitters – including escalating U.S.-China trade tensions and a spike in safe-haven demand (gold hit record highs) that temporarily sapped crypto enthusiasm [26]. “Crypto stocks, including MARA, Riot and others, fell as Bitcoin retreated under $110,000,” crypto.news reported in a market wrap [27]. The swiftness of the drop was striking: Bitcoin plummeted from about $126,000 to $109,000 within days [28] [29], erasing over 10% of its value and triggering billions in leveraged position liquidations. Such turbulence hit high-beta mining stocks especially hard – highlighting how Marathon’s fortunes are yoked to Bitcoin’s price swings.
Encouragingly for bulls, the crypto market found its footing heading into this week. By Monday, Bitcoin’s slide had paused around the $110K mark, and major altcoins like Ethereum also bounced (ETH hovered near $4,000) [30] [31]. This stabilization in Bitcoin – still up roughly 14% year-to-date despite the recent chop [32] – allowed Marathon’s stock to snap back upward. “When BTC soars, MARA often soars further, and when BTC pulls back, MARA can sink faster,” observes TechStock², noting Marathon’s role as a high-beta proxy for Bitcoin [33]. That dynamic was on full display over the past month: in late September, Bitcoin’s rally toward $124K helped MARA jump ~16–17% [34]; then October’s pullback saw MARA give up those gains before rebounding again. The takeaway for investors is clear – Marathon remains tightly correlated to crypto momentum, for better or worse.
Bitcoin’s Volatility Whiplashes Miners
The recent roller-coaster in crypto prices underscores both the opportunity and risk facing Bitcoin miners. Earlier in October, Bitcoin’s surge – dubbed “Uptober” by traders – lifted the entire sector. The world’s top cryptocurrency blasted past $120,000 to approach its all-time high [35], boosted by optimism around a possible U.S. spot ETF approval and strong demand. Marathon’s stock rode that wave, trading around $18–$19 per share (≈$7 billion market cap) in early October [36]. As one of the largest miners, Marathon amplified the rally: its shares climbed nearly 17% in late September alone as BTC spiked to ~$124K [37]. At that time, analysts noted MARA was outperforming on crypto strength, and the company’s operational updates further fueled enthusiasm (more on that below).
However, the euphoria gave way to a sharp correction by mid-October. A confluence of events – from macroeconomic worries (a surprise U.S.-China tariff spat, concerns over a prolonged U.S. government shutdown) to a major crypto fraud bust – rattled markets [38]. Bitcoin’s price plummeted from its highs, breaching the psychologically important $110K level and triggering what PR Newswire called a “massive cascade of liquidations” in the over-leveraged crypto ecosystem [39]. By October 10th, over $19 billion in crypto derivative positions had been wiped out, the largest single-day wipeout on record [40]. This sudden “long squeeze” sent Bitcoin down to about $109,800 at its trough [41]. The total crypto market cap briefly shrank to ~$3.8 trillion from ~$4T+ [42].
For crypto mining stocks, the fallout was immediate. On Oct. 16, with Bitcoin languishing under $108K, “major crypto stocks slipped 10–14%,” according to crypto.news [43] [44]. Marathon Digital was among the hardest hit, tumbling roughly 11% by midday and closing around $19.57 [45] (down from $22+ just two days prior). Toronto-based Bitfarms led losses with a 14% plunge, and Riot Platforms dropped ~10% [46]. Even Coinbase and MicroStrategy saw more modest dips [47] [48]. “The downturn…had MARA, Bitfarms and Riot among top losers,” Benson Toti of crypto.news reported, noting that broader equity market jitters played a role as well [49]. Essentially, when Bitcoin sneezed, crypto miners caught a cold – a testament to the sector’s sensitivity to the token’s price.
Yet amid the carnage, some saw a silver lining. Long-term crypto holders treated the dip as a buying opportunity once the panic settled [50]. By the start of this week, Bitcoin had bounced off its lows, clawing back above $115K briefly before settling near $110K [51]. This partial recovery – coupled with hopes that the worst of the leverage shakeout was over – allowed mining stocks to stabilize and rebound. Marathon’s ~8% jump on Monday recouped a chunk of last week’s decline [52]. Still, the episode was a “stark reminder” (as one analysis put it) of crypto’s inherent volatility [53]. It highlights why Marathon’s stock carries a high beta (5+ by some estimates) [54], swinging more wildly than both the broader market and Bitcoin itself. As a result, shareholders are learning to expect turbulence – rapid double-digit swings in MARA’s price have become almost routine in 2025’s roller-coaster crypto market.
Marathon Doubles Down – Hoarding Bitcoin on the Dip
One factor setting Marathon Digital apart from many rivals is its aggressive “HODL” strategy. Rather than routinely selling the bitcoins it mines to fund operations, Marathon has been stockpiling BTC – and even buying more on the open market during opportunistic moments. That approach was on full display during the recent downturn. While Bitcoin was plunging toward $105K in the second week of October, Marathon’s management seized the moment to accumulate. On October 13, Marathon purchased 400 BTC (around $46.3 million worth) as the market languished near short-term lows [55]. This surprise buy – revealed through on-chain data and later confirmed by the company – boosted Marathon’s total holdings to 53,250 BTC [56]. At current prices, that trove is valued over $6 billion and solidifies Marathon’s status as the second-largest publicly traded Bitcoin holder (behind only MicroStrategy’s massive stash) [57].
Marathon’s contrarian buy-the-dip move contrasts with the behavior of many other miners. Typically, when crypto prices swoon, mining firms with tighter finances sell coins to raise cash (or at least halt new purchases). In September, for example, rival Riot Platforms produced 445 BTC but sold 465 BTC to fund operations and expansion, according to disclosures [58]. But Marathon, flush with liquidity from earlier capital raises, took the opposite tack. As CryptoSlate noted, “MARA deployed capital into the Oct. 10–11 washout… while most miners remained defensive.” [59] [60] The company had over $5 billion in liquid assets on its balance sheet (including its Bitcoin treasury) as of Q2, giving it flexibility to act when others couldn’t [61]. Scale miners with deep reserves can view depressed prices as favorable for accumulation rather than forced selling, the analysis explained [62]. Marathon’s CEO Fred Thiel has indicated this strategy is deliberate – taking advantage of volatility to increase holdings, confident that Bitcoin’s long-term trend remains upward.
The result is that Marathon now holds an unprecedented inventory of Bitcoin for a miner. As of September 30, it had 52,850 BTC in custody [63], and with the additional 400 BTC in October, that grew to ~53.25K coins. For context, this hoard is nearly 3x larger than Riot’s (~19K BTC) and 4x more than CleanSpark’s (~13K), the two other major U.S. mining firms [64]. It also means Marathon’s fortunes are increasingly tied not just to its mining income, but to the value of its Bitcoin treasury. Notably, U.S. tax rules issued this year will exempt companies like Marathon from unrealized capital gains taxes on crypto holdings [65] – a crucial factor given Marathon’s tens of thousands of BTC on the books. This tax relief, highlighted by CoinDesk, removes a potential overhang and effectively lets Marathon hold its Bitcoins without immediate tax penalty as they appreciate [66].
Meanwhile, Marathon’s core business – mining – is firing on all cylinders. The company’s latest production report showed record output in September. Marathon mined 736 BTC in September 2025, a 4% increase from August [67]. Despite a ~9% rise in network difficulty that month (meaning everyone’s job got harder), Marathon still squeezed out more coins, indicating gains in efficiency or capacity. In fact, Jefferies data ranked MARA as the top producer among publicly-listed North American miners for September [68] [69], narrowly ahead of CleanSpark (629 BTC). The strong output is tied to Marathon’s aggressive expansion of its mining fleet. By the end of Q3, Marathon had fully deployed tens of thousands of new machines – including at a wind-powered farm in West Texas and a new data center in Ohio [70]. This brought Marathon’s operational hash rate (computing power) to about 60.4 EH/s (exahashes per second) in September [71] – the largest of any public miner. (For scale, 60 EH/s is roughly double Riot’s ~30–35 EH/s and above CleanSpark’s ~50 EH/s [72].) Higher hash power directly translates to a bigger share of the Bitcoin block rewards, which is evident in Marathon’s record production figures. “This growth in production underscores our ability to execute consistently, even as mining becomes more difficult,” CEO Thiel said in the September update [73]. Indeed, Marathon’s investments in new technology and cheaper energy seem to be paying off: the firm noted its Texas wind farm and “behind-the-meter” power arrangements could cut its electricity costs by 20–30%, bolstering margins [74].
By hodling most of the Bitcoin it mines and adding more on dips, Marathon has positioned itself as an almost hybrid entity – part Bitcoin miner, part Bitcoin investment vehicle. This gives shareholders outsized leverage to BTC’s price. When Bitcoin rises, Marathon’s enormous coin stash appreciates and its mining profit margins expand, creating a double boost to the stock. Of course, the reverse is also true: if Bitcoin falls, Marathon’s revenues and its asset holdings both decline in value. It’s a high-stakes, high-reward strategy. So far in 2025, it has made Marathon one of the best-performing crypto equities. The stock is up roughly 20–30% year-to-date (recently near 18.61 at the start of October vs. ~$21 now) [75] [76], outpacing Bitcoin’s own ~15% YTD gain and many altcoins. But as Marathon’s leadership freely acknowledges, the company’s fate “is largely tied to Bitcoin’s trajectory.” [77] The company’s ability to continue weathering industry ups and downs will depend on both technical execution (maintaining its mining lead and low costs) and Bitcoin’s market health.
Wall Street’s Take: Optimism with a Side of Caution
Despite the volatility, the majority of analysts covering Marathon Digital remain upbeat about the stock’s prospects. According to Yahoo Finance and other surveys, virtually all 13 major analysts who cover MARA rate it a Buy or Hold (0 Sells) [78]. The consensus price target sits in the low-to-mid $20s [79] – implying modest upside from current levels, after the recent run-up. Several analysts have been raising their targets in light of Marathon’s strong operational performance and Bitcoin’s rally. Just last week, Rosenblatt Securities upped its target from $20 to $25 and reiterated a Buy rating [80]. In early October, Cantor Fitzgerald went a step further, initiating an “Overweight” rating with a bullish $30 target [81], one of the highest on the Street. Piper Sandler and Macquarie have also issued overweight/outperform ratings with targets in the mid-$20s [82] [83]. This bullish tilt reflects expectations that Marathon will continue to benefit disproportionately if the crypto bull market rolls on.
The optimism is underpinned by Marathon’s financial turnaround in 2025. In the second quarter, the company stunned observers by reporting $238.5 million in revenue (up 64% year-on-year) and a GAAP net profit of $808 million [84]. That equated to earnings of $1.84 per share, a huge beat versus consensus (analysts had expected a loss for Q2) [85] [86]. This surprise profit was largely due to non-cash gains (mark-to-market revaluation of Marathon’s Bitcoin holdings as prices rose), but it highlighted the immense leverage Marathon has to Bitcoin’s price movements. With such results, Marathon’s trailing P/E ratio briefly appeared very low (in the teens), though forward earnings are less certain given crypto price fluctuations. Still, the Q2 report, along with a successful $950 million convertible note raise to fund expansion [87], gave analysts confidence that Marathon has the capital and scale to keep growing. “Marathon Digital’s stock price exceeded estimates,” noted MarketBeat, which also highlighted the company’s 64% YoY revenue growth and the fact that 7 analysts rate it Buy with an average $23.90 target [88] [89].
Not everyone on Wall Street is unabashedly bullish, however. A few analysts urge caution on valuation and industry headwinds. Investment bank Jefferies, for instance, reiterated a Hold rating on MARA in an October 20th note, even as it inched its price target up to $19 (from $18) [90]. Jefferies’ report pointed to tightening mining economics – noting that Bitcoin mining profitability slid ~7% in September due to higher global hashrate and slightly lower BTC prices [91]. They warn that record network difficulty is compressing margins for all miners heading into Q4 [92] [93]. Essentially, even though Bitcoin’s price is high, the cost of earning each Bitcoin has also surged, which could cap miners’ earnings if BTC doesn’t keep climbing. Jefferies’ cautious stance makes it an outlier (their $19 target is below where MARA trades now), but it underscores the uncertainties in forecasting a crypto-linked business.
Furthermore, some analysts note that Marathon’s stock, after its 2023 run-up, already prices in a lot of optimism. “That relative underperformance [in early 2025 versus smaller peers] suggests a lot of optimism was already priced in,” TechStock² observed, alluding to Marathon’s nearly 590% surge in 2023 and hefty equity issuance which diluted shares [94]. The company has used at-the-market offerings to raise capital, which long-term can temper per-share upside. And although Marathon’s balance sheet is strong now, its current ratio of 0.54 indicates it must continually manage liquidity and could need to raise cash if Bitcoin swoons for an extended period [95]. Short-sellers also remain active in MARA, given its high volatility and the general risks in the crypto sector.
Still, on balance, sentiment in the analyst community is positive. Marathon is frequently cited as a “top pick” among crypto stocks for those bullish on Bitcoin. Validea’s guru analysis recently identified MARA as the #1 contrarian pick under David Dreman’s strategy, albeit with mixed valuation signals [96]. And a “Strong Buy” consensus appears in some services [97], with price targets clustering around the mid-$20s. As a market research firm summarized: “experts see Marathon as one of the premier plays on a continuing crypto bull market.” [98] The key caveat all agree on is that Marathon’s fate will swing with crypto volatility. “The road’s far from smooth” for Bitcoin miners, one Yahoo Finance commentary warned, given their high operating costs and reliance on robust Bitcoin prices to stay in the black [99]. In other words, if Bitcoin keeps rising, Marathon could thrive – but if the crypto market hits a serious downturn, Marathon will face challenges.
Outlook: ETF Catalyst, Crypto Correlation, and Risks Ahead
Looking ahead, Marathon Digital’s trajectory is essentially a leveraged bet on the crypto market’s future. The company itself acknowledges this. “Marathon’s prospects are strong but largely tied to Bitcoin’s trajectory,” the TechStock² report noted bluntly [100]. So what does that trajectory look like? Many crypto investors are optimistic that the late-2025 environment could provide further upside. A major reason is the potential approval of the first U.S. spot Bitcoin ETF, which looms as a significant catalyst. In September, U.S. regulators took steps that “opened the door” for spot Bitcoin exchange-traded funds [101] – something the industry has sought for years. BlackRock, Fidelity, and other financial giants have filings in process. If a spot BTC ETF wins approval in Q4 2025 or early 2026, it’s widely expected to unlock a wave of institutional and mainstream investment into Bitcoin [102]. Such inflows could drive up Bitcoin’s price substantially, and by extension, supercharge the value of Marathon’s mined holdings and future revenues. Progress toward a spot ETF is boosting investor optimism, as Marathon’s recent sector analysis highlighted [103]. In essence, regulatory green lights (like an ETF or clearer crypto rules) are seen as validating the space and attracting new money – all bullish for companies like Marathon.
Marathon’s CEO Fred Thiel is among those extremely bullish on Bitcoin’s next chapters. He has publicly predicted that after some choppiness, Bitcoin could “run…approaching $200,000 by the end of 2025.” [104] In his view, growing global demand and mainstream acceptance – exemplified by developments like an ETF – will send Bitcoin to fresh heights. Should that scenario materialize, it’s not hard to imagine Marathon’s stock following suit to new highs. (For context, MARA’s 52-week high is around $30 [105], and its all-time high, reached during the 2021 crypto boom, was over $75/share – levels that might come back into play if Bitcoin truly doubled to new records.)
However, risks abound on the road ahead. The crypto mining industry faces structural challenges that don’t disappear even in bull markets. One is the relentless increase in mining difficulty – essentially, competition. The Bitcoin network’s total hash rate now exceeds 1 zettahash (a trillion gigahashes per second) [106], a record that reflects more miners and more powerful machines online worldwide. Jefferies notes this pushed the revenue per unit of hash power down to about $52,000 per exahash per day in September, from $56,000 in August [107] [108]. In other words, miners are earning slightly less Bitcoin (and less dollar revenue) for the same work, even with Bitcoin’s price near highs. Profit margins have been squeezed, and only the most efficient, low-cost operators will remain strongly profitable. Marathon has some advantages here – its scale and investments in cheap energy should help – but if Bitcoin’s price stagnates or falls, mining economics could quickly turn adverse. The 2024 Bitcoin “halving” (which occurred in April 2024, cutting block rewards from 6.25 BTC to 3.125 BTC) has already halved each miner’s coin-based revenue overnight, so miners are depending on higher Bitcoin prices to compensate. So far, Bitcoin’s roughly doubled since the halving (from ~$60K to $110K+), which has indeed buoyed mining revenue in dollar terms. But any prolonged dip below, say, $100K could make some high-cost mining operations unprofitable. “Mining difficulty [at] record highs, [is] squeezing profit margins despite Bitcoin’s price near all-time highs,” as TechStock² observed [109].
Another factor is the macro correlation. As seen last week, crypto doesn’t trade in a vacuum – global events (interest rate policy, geopolitical tensions, equity market swings) can spill into Bitcoin and thereby Marathon. There’s also the threat of regulatory curveballs. While the U.S. has become more crypto-friendly in some respects (considering ETFs, clarifying taxes), there are still uncertainties around things like environmental rules for mining or potential restrictions. Europe and other regions are also developing mining regulations. Any moves that significantly raise miners’ costs (e.g., carbon taxes or higher electricity fees specifically for miners) could hit Marathon’s bottom line.
Despite these challenges, Marathon’s sheer scale and strategy give it a resilient edge. The company has aligned itself to not just survive but capitalize on the boom-bust nature of crypto. It has built one of the world’s most powerful mining fleets and paired it with an investment thesis on Bitcoin itself (through HODLing). This twin approach means Marathon can reap outsized rewards when conditions are favorable – as 2025 has generally been. “Marathon’s sheer scale and treasury give it outsized leverage – and exposure – to Bitcoin’s price movements,” TechStock² noted [110]. For investors, that means owning MARA is akin to a high-leverage bet on Bitcoin: the stock can deliver bigger gains than Bitcoin during bull runs, but also steeper losses if the tide turns.
As of now, the outlook for Marathon Digital remains closely intertwined with the outlook for Bitcoin itself. If Bitcoin continues its march toward new highs – boosted by potential ETF approval, macro tailwinds like possible Fed rate cuts, and increasing mainstream adoption – then Marathon could very well extend its rally. In that bullish scenario, analysts’ targets in the mid-$20s might prove conservative, and Marathon’s “bold 2025 targets” (as one headline put it) could come into play [111]. On the flip side, if Bitcoin stalls or enters a downturn, Marathon will likely feel the pain quickly, given its high fixed costs and crypto-heavy balance sheet.
For now, Marathon Digital is enjoying the ride up. The stock’s strong showing on October 20 exemplifies how quickly sentiment can swing back to positive in crypto land. “The crypto market remains largely upbeat ahead of potential [U.S.] interest rate cuts… [with] correlation to equities and vulnerability to external shocks providing the backdrop,” observed crypto.news [112]. That means short-term volatility will persist. But many industry watchers say the long-term trend – increasing Bitcoin adoption and price appreciation – is intact. If they’re right, Marathon Digital could remain a headline-grabbing winner in the stock market, albeit one not for the faint of heart. In summary, MARA’s meteoric moves reflect its nature: a high-risk, high-reward proxy for Bitcoin’s fortunes, now bolstered by strategic coin hoarding and scaling prowess. As one analyst put it, “experts see Marathon as one of the premier plays on a continuing crypto bull market”, but with the important caution that “the road’s far from smooth.” [113]
Sources: Marathon Digital investor reports; TechStock² (ts2.tech) analysis [114] [115]; CoinDesk [116] [117]; CryptoSlate [118] [119]; MarketBeat [120] [121]; crypto.news [122]; PR Newswire [123]; Yahoo Finance.
References
1. www.investing.com, 2. ts2.tech, 3. markets.financialcontent.com, 4. crypto.news, 5. cryptoslate.com, 6. cryptoslate.com, 7. www.marketbeat.com, 8. ts2.tech, 9. www.marketbeat.com, 10. www.marketbeat.com, 11. www.marketbeat.com, 12. ts2.tech, 13. ts2.tech, 14. ts2.tech, 15. ts2.tech, 16. ts2.tech, 17. ts2.tech, 18. www.coindesk.com, 19. www.coindesk.com, 20. www.coindesk.com, 21. www.investing.com, 22. ts2.tech, 23. ts2.tech, 24. crypto.news, 25. crypto.news, 26. crypto.news, 27. crypto.news, 28. markets.financialcontent.com, 29. markets.financialcontent.com, 30. crypto.news, 31. crypto.news, 32. ts2.tech, 33. ts2.tech, 34. ts2.tech, 35. ts2.tech, 36. ts2.tech, 37. ts2.tech, 38. markets.financialcontent.com, 39. markets.financialcontent.com, 40. markets.financialcontent.com, 41. markets.financialcontent.com, 42. markets.financialcontent.com, 43. crypto.news, 44. crypto.news, 45. www.marketbeat.com, 46. crypto.news, 47. crypto.news, 48. crypto.news, 49. crypto.news, 50. markets.financialcontent.com, 51. crypto.news, 52. www.investing.com, 53. markets.financialcontent.com, 54. www.marketbeat.com, 55. cryptoslate.com, 56. cryptoslate.com, 57. ts2.tech, 58. cryptoslate.com, 59. cryptoslate.com, 60. cryptoslate.com, 61. cryptoslate.com, 62. cryptoslate.com, 63. ts2.tech, 64. ts2.tech, 65. ts2.tech, 66. ts2.tech, 67. ts2.tech, 68. www.coindesk.com, 69. www.coindesk.com, 70. ts2.tech, 71. ts2.tech, 72. ts2.tech, 73. ts2.tech, 74. ts2.tech, 75. www.digrin.com, 76. www.investing.com, 77. ts2.tech, 78. ts2.tech, 79. ts2.tech, 80. www.marketbeat.com, 81. www.marketbeat.com, 82. www.marketbeat.com, 83. www.marketbeat.com, 84. ts2.tech, 85. www.marketbeat.com, 86. www.marketbeat.com, 87. ts2.tech, 88. www.marketbeat.com, 89. www.marketbeat.com, 90. www.coindesk.com, 91. www.coindesk.com, 92. www.coindesk.com, 93. ts2.tech, 94. ts2.tech, 95. www.marketbeat.com, 96. ts2.tech, 97. ts2.tech, 98. ts2.tech, 99. ts2.tech, 100. ts2.tech, 101. ts2.tech, 102. ts2.tech, 103. ts2.tech, 104. ts2.tech, 105. www.investing.com, 106. ts2.tech, 107. www.coindesk.com, 108. www.coindesk.com, 109. ts2.tech, 110. ts2.tech, 111. ts2.tech, 112. crypto.news, 113. ts2.tech, 114. ts2.tech, 115. ts2.tech, 116. www.coindesk.com, 117. www.coindesk.com, 118. cryptoslate.com, 119. cryptoslate.com, 120. www.marketbeat.com, 121. www.marketbeat.com, 122. crypto.news, 123. markets.financialcontent.com
