Why Is BitMine Immersion Stock Soaring Monday?

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BitMine Immersion Technologies, Inc. (AMEX:BMNR) shares are trading higher during Monday’s premarket session.

Nasdaq futures have gained 0.79%. S&P 500 futures are also up 0.65%.

Crypto Momentum and Market Catalyst

The primary catalyst appears to be a recovery in digital assets. Ethereum (CRYPTO: ETH) has climbed 6.93% over the last 24 hours to $2,266.92. Bitcoin (CRYPTO: BTC) is also trading higher, up 2.40% at $73,537.95.

Technology is currently leading early strength, with the Technology Select Sector SPDR Fund (NYSE:XLK) …

Full story available on Benzinga.com

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