IREN is trading at $37.46 (+4.6%) amid a strong crypto rally driven by significant gains in Bitcoin and Ethereum.
- Bitcoin is up 3.18% and Ethereum is up 5.58% since the last close, driving gains across crypto mining stocks.
- Broader markets are also higher, with the NASDAQ up 0.61%, supported by cooling inflation data.
- Trading volume at 36.09M shares exceeds the 34.63M average, signaling elevated activity.