Financial markets were cautiously optimistic as U.S. stocks ended Friday on a positive note, with the Nasdaq Composite up 2.06% and the digital asset sector up 3.72% to a valuation of $2.63 trillion. Publicly traded Bitcoin miners also saw a recovery, with nine of the top 12 companies by market cap showing gains.

Bitcoin Miner Shares Boom on Friday, But Year-To-Date Losses Still Huge

Public Bitcoin miners ended the week on an upward trajectory, with most of these companies posting positive results after a volatile period. Following back-to-back declines caused by the Trump administration’s tariffs, the Nasdaq rose 2.06%, the NYSE gained 1.84%, the S&P 500 posted a gain of 1.81%, and the Dow Jones Industrial Average gained 1.56% against the U.S. dollar.

The stock recovery has pushed nine out of twelve Bitcoin mining companies into positive territory, with share prices rising significantly. Data from Bitcoinminingstock.io shows Cipher Mining (CIFR) was the big performer on Friday, up 9.01%, ahead of MARA Holdings (MARA), which saw a 6.56% gain. Galaxy Digital (GLXY) saw a 6.48% gain, along with Terawulf (WULF), which saw its shares rise 6.25%.

Rounding out the top of the market gains on April 11, Cleanspark (CLSK) posted a 5.19% gain, cementing its place among the top five gainers. BTDR, RIOT, CORZ, HUT, and APLD also posted gains on Friday, ranging from 3.12% to 4.61%. However, over the five-day period, only seven of the top twelve Bitcoin miners by market cap posted positive returns.

GLXY led the weekly gains with a 15.77% increase, followed by CIFR, which posted a 15.23% gain. Despite short-lived rallies, the 2025 annual figures for Bitcoin miners point to an overall downward trend. Cleanspark (CLSK: -18.56%) and MARA Holdings (MARA: -25.40%) are posting smaller losses, while Riot Platforms (RIOT: -30.85%) and Applied Digital (APLD: -30.75%) are posting steeper declines.

Galaxy Digital (GLXY: -36.94%), Hut 8 (HUT: -40.65%) and IREN (IREN: -42.66%) are exacerbating the trend, while Northern Data (NB2: -47.34%), Cipher (CIFR: -47.84%), Core Scientific (CORZ: -49.67%), Terawulf (WULF: -57.95%) and Bitdeer (BTDR: -63.31%) represent the biggest declines in the sector this year.

Source: cryptonews.net