Bitcoin jumps to three-week high, lifting crypto-tied stocks

seekingalpha09-17

Bitcoin (BTC-USD) climbed to its highest level in three weeks in Tuesday late morning trading, driving a notable uptick in stocks linked to the cryptocurrency sector. Following what was a quiet start ...

Source Link

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.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2468512362?lang=en_US&edition=fundamental","thumbnail":"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1255216496/image_1255216496.jpg","is_english":true,"pubTime":"2024-09-17 23:54","share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","id":"2468512362","market":"fut","top_or_hot":-1,"title":"Bitcoin jumps to three-week high, lifting crypto-tied stocks","media":"seekingalpha","content":"<div>\n<p>Bitcoin (BTC-USD) climbed to its highest level in three weeks in Tuesday late morning trading, driving a notable uptick in stocks linked to the cryptocurrency sector. Following what was a quiet start ...</p>\n\n<a href=\"https://seekingalpha.com/news/4150380-bitcoin-jumps-to-three-week-high-lifting-crypto-tied-stocks\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin jumps to three-week high, lifting crypto-tied stocks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin jumps to three-week high, lifting crypto-tied stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-17 23:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4150380-bitcoin-jumps-to-three-week-high-lifting-crypto-tied-stocks><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bitcoin (BTC-USD) climbed to its highest level in three weeks in Tuesday late morning trading, driving a notable uptick in stocks linked to the cryptocurrency sector. Following what was a quiet start ...</p>\n\n<a href=\"https://seekingalpha.com/news/4150380-bitcoin-jumps-to-three-week-high-lifting-crypto-tied-stocks\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CLSK","symbol_name":"CleanSpark, Inc.","start_time":0,"source_url":"https://seekingalpha.com/news/4150380-bitcoin-jumps-to-three-week-high-lifting-crypto-tied-stocks","article_id":"2468512362","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1255216496/image_1255216496.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2468512362","pubTimestamp":1726588494,"columns":[],"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Bitcoin (BTC-USD) climbed to its highest level in three weeks in Tuesday late morning trading, driving a notable uptick in stocks linked to the cryptocurrency sector. Following what was a quiet start ","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"CLSK":"CleanSpark, Inc.","BK4585":"ETF&股票定投概念","09008":"博时比特币-U","BK4595":"比特币概念","BRPHF":"Galaxy Digital Holdings Ltd.","BK4535":"淡马锡持仓","HUT":"Hut 8 Mining Corp","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","03008":"博时比特币","BK4588":"碎股","03439":"嘉实比特币","HIVE":"Hive Blockchain","LU1861558580.USD":"日兴方舟颠覆性创新基金B","BK4551":"寇图资本持仓","BK4547":"WSB热门概念","09042":"华夏比特币-U","MSTR":"MicroStrategy","RIOT":"Riot Platforms","MARA":"MARA Holdings","BK4135":"资产管理与托管银行","03042":"华夏比特币","BK4112":"金融交易所和数据","COIN":"Coinbase Global, Inc.","BK4516":"特朗普概念","BK4023":"应用软件","BK4539":"次新股","BK4554":"元宇宙及AR概念","BTBT":"Bit Digital, Inc.","09439":"嘉实比特币-U"},"translate_title":"比特币跃升至三周高点，提振加密货币相关股票","themeId":"2bae77440cd8004e59ef2be32ff4b25f","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"03042":1,"HUT":1,"HIVE":1,"BTBT":1,"BRPHF":1,"03008":1,"03439":1,"09008":1,"09042":1,"09439":1,"MSTR":0.8,"COIN":0.8,"CLSK":0.7,"RIOT":0.7,"MARA":0.7,"BTCmain":0.6,"XBTmain":0.6},"content_text":"Bitcoin (BTC-USD) climbed to its highest level in three weeks in Tuesday late morning trading, driving a notable uptick in stocks linked to the cryptocurrency sector. Following what was a quiet start to the week, bitcoin (BTC-USD) gapped up 5.6% to $61.1K at 11:55 a.m. ET. Similarly, ether (ETH-USD) advanced 4.2% to $2.38K. Among the biggest crypto gainers include celestia (TIA-USD) +15.7%, immutable x (IMX-USD) +14.8%, near (NEAR-USD) +9%, uniswap (UNI-USD) +8.9% and sui (SUI-USD) +8.1%. The rise in token prices comes just one day before the Federal Reserve's policymaking arm is expected to lower rates for the first time in four years, with inflation largely contained and the labor market gradually cooling. Lower borrowing costs are generally positive for cryptos because they can reduce the appeal of traditional savings and investment vehicles, leading investors to seek higher returns in riskier asset classes like crypto. Shares of crypto-focused firms were trading largely in the green at the time of writing, though the gains were less pronounced than that of tokens. Michael Saylor's MicroStrategy (MSTR) gained 0.6%, crypto exchange Coinbase Global (COIN) drove up 3% and crypto investment firm Galaxy Digital (OTCPK:BRPHF) climbed 5.4%. Bitcoin miners Riot Platforms (RIOT) +2.4%, MARA Holdings (MARA) +1.9%, HIVE Digital (HIVE) +4.3%, Bit Digital (BTBT) +13%, Hut 8 (HUT) +6.6% and CleanSpark (CLSK) +3.1% also caught a bid. The broader stock market, meanwhile, saw some buying pressure in the run-up to the pivotal Fed decision, with all three major stock indices changing hands accelerating.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2468512362"}