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Bullish on Bitcoin? Consider Buying These 3 Crypto Mining Stocks Under $10 -Breaking

by Mike Robinson

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© Reuters. Bullish on Bitcoin? Take a look at these three crypto mining stock options below $10

Analysts expect that the crypto market will remain positive in the short term, having reached record levels recently. We believe that low-priced cryptomining stocks such as Bitfarms, BITF and Ebang could keep rising in price. Continue reading. With popular cryptocurrency bitcoin (BTC) soaring in value over the last few months many investors have turned to digital assets. Bitcoin is the world’s most-loved digital currency, but it still has some downsides due to investor worries about China’s ban of crypto mining as well as other hacks or thefts.

Bitcoin recently reached new heights. Taproot, which happens to be bitcoin’s first upgrade in the last four years, is expected to make transactions more private and efficient. A Data Bridge Marketing report states that the growth rate of the cryptocurrency mining industry is 11.5% in the next seven-years.

So, if one is bullish on bitcoin’s growth prospects, we think it could be worth considering adding below-$10 crypto mining stocks Hive Blockchain Technologies Ltd. (HIVE), Bitfarms Ltd. (BITF), and Ebang International Holdings Inc. (EBON) to one portfolio.

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