Cipher Mining Surges 11.17% on $690M Volume Ranks 151st in Market Activity as Crypto Mining Sector Rides Energy Cost Shifts and Eased Regulatory Scrutiny

, 2025, , . The stock’s performance followed developments in the cryptocurrency mining sector, particularly around energy cost adjustments and regulatory updates affecting operational efficiency. Analysts noted that the rally coincided with broader market optimism over mid-cap tech plays, though Cipher’s sector-specific drivers appeared more pronounced.

Recent industry reports highlighted a shift in mining operations toward lower-cost jurisdictions, . Additionally, a temporary easing of regulatory scrutiny in key markets was cited as a contributing factor to risk-on sentiment in the sector. While no direct earnings or strategic announcements were disclosed for Cipher, the stock’s momentum aligned with in the crypto space.

A back-test framework was outlined to evaluate the performance of a hypothetical strategy selecting the top 500 most liquid U.S. equities and ETFs daily. , 2022, , 2025. , , , , . Adjustments such as incorporating transaction costs or altering weighting schemes are available upon request.