Crypto Stocks Climb as Bitcoin Rises Above $64K
Tiger Newspress05-15
The price of the primary cryptocurrency slightly increased after the US Bureau of Labor Statistics released the latest Consumer Price Index (CPI) data. It spiked to aove $64,000, witnessing a 5% surge on a 24-hour scale.
Crypto stocks climbed in morning trading. Canaan rose 11%; Bitfarms, The9 and MicroStrategy rose 7%; Coinbase rose 5%; Marathon Digital and Bitcoin Depot rose 4%; Riot Platforms and Block rose 2%.
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