Cipher Mining Inc. shares climbed 7.94% to $17.20 Friday as Bitcoin rebounded toward $79,000, lifting cryptocurrency-related stocks. The Nasdaq rose 1.08%, the S&P 500 gained 1.01% and the technology sector advanced 1.55%. Bitcoin moved nearly 4% in two hours as traders assessed hotter-than-expected August inflation data and its implications for a September interest-rate decision. Crypto-linked shares also gained ahead of an upcoming Senate vote on the Clarity Act. Sen. Cynthia Lummis said the revised text reflected bipartisan work during August, which could improve investor expectations around a key procedural vote. Cipher's move also followed its announcement last Thursday that it had begun developing lateral pipelines at multiple sites. The infrastructure is intended to address power-grid constraints by connecting facilities with nearby natural gas supplies and could support up to 2.5 gigawatts of on-site generation. Cipher Digital is working with power providers and targeting power availability before the end of 2027. Technically, CIFR remains in a repair phase: it is 3.8% above its 20-day simple moving average (average closing price over 20 sessions) of $16.49, but 9.1% below its 50-day average of $18.85 and 7.1% below its 200-day average of $18.43. The short-term averages retain a bearish alignment, while the 50-day average remains above the 200-day average. Its relative strength index (momentum indicator) was 49.29, indicating neutral momentum. Key levels include resistance at $18 and support at $14.50. The stock has gained 72.57% over 12 months but remains below its $30.14 52-week high from June; traders are also monitoring the June swing high and September swing low as the current range's bookends.