Cipher Mining is trading at $18.02 (+4.70%), with the move most likely reflecting a rebound after the earnings-driven selloff, though causation remains unconfirmed.
- Bitcoin is nearly flat since the August 11 close, while Ethereum is up only 0.40%.
- No fresh August 12 company-specific catalyst was identified.
- Recent pressure followed August 4 earnings, which missed estimates on revenue and EPS.