,p
BUZZ-Crypto-related stocks climb as bitcoin hits 10-week high
BUZZ-Crypto-related stocks climb as bitcoin hits 10-week high** Shares of cryptocurrency and blockchain-related firms climb on Fri, tracking move of bitcoin BTC= to a 10-week high** Iran's announcement on Fri that the Strait of Hormuz is "completely open" sends equities higher and stokes appetite for risk assets .N** Bitcoin, world's largest cryptocurrency, up 3.2% at $77,619.13, while ETH= gains 3.7% to $2,428.74** Crypto exchange Coinbase Global COIN.O lifts >5%, and BTC stockpiler Strategy MSTR.O surges 12.6% to a 3-month high** Retail trading platform Robinhood Markets HOOD.O jumps 6% ** Crypto miners rise: Riot Platforms RIOT.O 4%, Mara Holdings MARA.O 2%, Bit Digital BTBT.O 6%, CleanSpark CLSK.O >4%. ** Ether-linked stocks ascend: BTCS BTCS.O 9%, Bitmine Immersion Technologies BMNR.A 6% and Sharplink Gaming SBET.O about 4%** ProShares Bitcoin Strategy ETF BITO.P and iShares Bitcoin Trust ETF IBIT.O both up >3%; iShares Ethereum Trust ETF ETHA.O leaps nearly 4%
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
1
Report
Login to post
No comments yet