Crypto Stocks Climb As Bitcoin, Ether Prices Recover From Two-Day Slide
Tiger Newspress03-28
Shares of cryptocurrency and blockchain-related companies rise in morning trading as bitcoin, ethereum prices recover from two-day slide.
Bitcoin, the world's most valuable cryptocurrency, up 2.6% at $70,666, while Ether rises 1.8% to $3,575.1.
Bitcoin is on track for gains of over 68% so far this quarter, boosted by U.S. regulatory approval for 11 spot bitcoin ETFs in January.
Ether is set for gains of over 56% QTD, while MVIS CryptoCompare Digital Assets 100 Index is set for a 62.5% increase.
Bit Digital rose 12%; Canaan rose 9%; Bitfarms, Ebang International and SOS Limited rose about 8%; The9 and Marathon Digital rose about 7%; Riot Platforms rose 5%; Coinbase rose 3%.
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