Hut8 stock price momentum is supported by a rebound in

Hut8 stock price momentum is supported by a rebound in crypto market capitalization, now over USD 1.3 trillion. Market watchers expect near-term resistance around USD 10.50 unless Bitcoin breaks above USD 65,000, potentially triggering a higher valuation for Hut In today's trading context, the average open interest for options of Hut 8 stands at 2528.5, with a total volume reaching 3,056.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Hut 8, situated within the strike price corridor from $25.0 to $50.0, throughout the last 30 days. The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> Hut8 stock price has seen moderate volatility this week, hovering near USD 9.85, with trading volumes slightly above its 30-day average. Market sentiment leans cautiously bullish as Bitcoin’s rebound fuels optimism in crypto mining stocks. Analysts are watching Hut8’s hash rate growth and energy contracts as key drivers for Q3 performance.