📈 Matrixport, a cryptocurrency service provider, reports that Bitcoin mining stocks have seen an impressive average increase of 266% this year, surpassing Bitcoin's own return of 150%. The report suggests that mining stock prices tend to follow cycles similar to Bitcoin's price. Accordingly, if Bitcoin drops to $30,000, this year's mining stock gains could decrease by 97%, while a rise to $70,000 could potentially expand them by 572%. 🚀📊 #BitcoinMiningStocks #CryptoAnalysis