As the cryptocurrency market extends its recovery for another day, several crypto-related stocks are seeing growing investor interest.
Among the notable movers are MARA Holdings (MARA), Iren Limited (IREN), and Hut 8 (HUT)—three U.S.-listed crypto stocks that traders are watching closely today.
MARA Holdings (MARA)
MARA closed at $14.88 on Tuesday, gaining 4.94% on the day. The bullish momentum has continued into today’s pre-market session, with the stock trading at $15.11 at press time.
The rally appears driven by investors’ anticipation of MARA’s June production and Mining Operations update. The company reported record-breaking mining results in May, fueling a sharp uptick in its share price.
In May, MARA recorded its best-ever performance, producing 950 Bitcoin, the highest since the April 2024 halving, and winning 282 blocks, a 38% increase over April. This pushed its total BTC holdings beyond 49,000 BTC.
If bullish momentum persists, MARA could extend its gains to $15.50 when the market opens.
MARA Price Analysis. Source: TradingView
However, a dip in demand could cause a price dip toward $14.80.
IREN
IREN limited shares are on the rise. The stock closed at $11.54, gaining 7.97% in Tuesday’s session. During the pre-market trading on Wednesday, IREN has extended its gains, trading at $12.02 at the time of writing.
If this bullish momentum continues as the regular trading session opens, IREN could climb toward a potential resistance level of $12.73.
IREN Price Analysis. Source: TradingView
However, if demand cools or profit-taking emerges, the stock’s value could retreat to support around $11.72.
Hut 8 (HUT)
Hut closed Tuesday at $17.24, up 8.50%. In Wednesday’s pre-market trading, the stock is up further to $17.45, extending yesterday’s gains.
The upside momentum comes after Hut 8 announced that it has amended and expanded its Bitcoin-backed credit facility with Coinbase Credit. The agreement increases the facility from $65 million to $130 million and extends the maturity date to July 16, 2026.
The move strengthens Hut 8’s liquidity position as it continues scaling its energy infrastructure and high-performance computing operations alongside its Bitcoin mining business.
As the market opens, a spike in trading volume could send HUT’s value toward $18.60.
HUT Price Analysis. Source: TradingView
Conversely, a drop in buying activity could occasion a price dip below yesterday’s closing price of $17.24.
Disclaimer
In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
