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Crypto mining stocks soared this week, buoyed by stronger-than-expected US jobs data and optimism around the Federal Reserve’s economic outlook. Despite a slight pullback on Thursday, major mining firms posted double-digit gains over the past four trading sessions.
- Crypto mining stocks surged 13-28% over four sessions before a slight Thursday pullback.
- Strong US nonfarm payrolls data boosted market optimism around the Fed's soft-landing scenario.
- Early market closure on Thursday due to the Independence Day holiday impacted trading volumes.
📎 Related coverage from: cointelegraph.com
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