Hut 8 Stock Jumps Nearly 14% as Analyst Lifts Target and Bitcoin Hits $74,000

Bitcoin Tops $74,000, Ethereum, XRP, Dogecoin Also Recover: Analyst Says Market 'Heavily Overpriced' Middle East War - Grayscale Bitcoin Mini Trust (BTC) (ARCA:BTC)

Leading cryptocurrencies staged a strong relief rally on Wednesday, while the stock market also closed higher even as the Middle East war entered its fifth day. Cryptocurrency 24-Hour Gains +/- Price (Recorded at 8:30 p.m. ET) Bitcoin (CRYPTO: BTC) +6.21% $72,819.64 Ethereum (CRYPTO: ETH)                +6.77% $2,123.37 XRP (CRYPTO: XRP)                          +4.37% $1.42 Solana (CRYPTO: SOL)                          +3.45% $90.36 Dogec…

Hut 8 stock jumps nearly 14% as analyst lifts target and bitcoin hits $74,000

Hut 8 shares climbed 14% to $54.21 on Wednesday, tracking bitcoin’s surge to $74,000. Clear Street raised its price target to $70, citing 2026 milestones tied to AI data center projects. Hut 8’s American Bitcoin unit will deploy 11,298 new mining machines at its Drumheller, Alberta site, which was previously closed due to high energy costs. The post Hut 8 stock jumps nearly 14% as analyst lifts target and bitcoin hits $74,000 appeared first on T…