Why Ebang International Stock Jumped Today

Why Ebang International Stock Jumped Today

Shares of Ebang International Holdings (NASDAQ: EBON) jumped on Friday even though many other cryptocurrency stocks were down. This is likely because most public cryptocurrency miners only mine Bitcoin (CRYPTO: BTC), and Bitcoin is down today. As a result, Ebang International stock was up 22% as of 10:45 a.m. EDT.