Riot Platforms (RIOT) remains an attractive investment opportunity despite a recent -36% correction.

Bitcoin surged over 15% to break the $65,000 resistance level, peaking above $66,000 before settling around $65,757.

Riot Platforms' stock price surged as Bitcoin rebounded, supported by Germany moving over 50,000 Bitcoins to exchanges and speculation of a Donald Trump win in the next election.

A dovish statement from Jerome Powell also boosted Bitcoin, contributing to the positive momentum.

Despite these positive factors, Riot Platforms may face challenges due to weak financial results and a deep bear market for Bitcoin.

Analysts maintain a bullish outlook on RIOT with an average price target of $17.50, indicating a potential upside of 78.48%.

Investors are advised to exercise caution and seek expert advice before making any investments in cryptocurrency.