Crypto Shares Shine. Cipher Mining up 13%; Bit Digital up 10%; SharpLink Gaming, TeraWulf up over 7%; Hut 8 up 5%

TigerJul 3, 2025 1:44 PM

Crypto shares jumped on Thursday as Bitcoin rose above $110K while Ethereum rose above $2,600. Cipher Mining up 13%; Bit Digital up 10%; SharpLink Gaming, TeraWulf up over 7%; Hut 8 up 5%.

Bitcoin climbs to $110,279, a three-week high, as ETF inflows continue and macro worries ease, Saxo Bank notes. A US-Vietnam trade deal and softer ADP data boosted rate cut hopes, lifting risk appetite. Institutional demand stays strong with BlackRock’s bitcoin ETF and iShares’ new ethereum ETF seeing gains. Meanwhile, Ripple has applied for a US banking license as crypto firms push into mainstream finance.

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