24H | Crypto Stocks Rise as BTC Jumps to $89K; GAME up 9%; Bit Origin up 8%; BMNR up 3%
Crypto stocks rose in overnight trading as Bitcoin rose to $89,000.GAME rose 9%; Bit Origin rose 8%; BMNR up 3%; BTBT, SBET rose 2%; Strategy, MARA rose 1%.
$Adobe(ADBE)$ADBE Inches +0.16%: Consolidating Near $353 Amid AI Push and Solid FundamentalsLatest Close DataClosed at $352.98 on Dec 25, up a modest +0.16% (or +$0.56). The stock remains ~24% below its 52-week high of $465.70, indicating significant recovery potential.Core Market DriversThe stock's recent trading reflects a consolidation phase.Primary market focus remains on Adobe's strategic integration of generative AI across its Creative Cloud and Experience Cloud platforms to drive long-term subscription growth, offsetting near-term macroeconomic pressures on digital ad spend.Technical AnalysisTrading volume was light at 1.17M shares (Volume Ratio: 0.48), suggesting a lack of strong directional conviction.The MACD histogram is positive but de