Bitdeer Technologies is trading 12.7% up today at $10.16 as the stock stages a sharp rebound alongside firmer cryptocurrency prices and a modest recovery in major U.S. indices.
- Bitcoin and Ethereum are both up around 2% since the last close, providing a significant tailwind for Bitcoin-exposed, high-growth names.
- The move marks a recovery from recent steep losses driven by risk-off sentiment and geopolitical tensions in the Middle East that had previously pressured the sector.