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ABTC — American Bitcoin News Story

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Crypto-linked stocks rally as bitcoin hits three month high

BUZZ-Crypto-linked stocks rally as bitcoin hits three month high

** U.S.-listed cryptocurrency stocks rally as bitcoin touches a three-month high

** Bitcoin BTC=, the world's largest cryptocurrency, last up 4.8% at $81,105.73

** Crypto exchange Coinbase Global COIN.O jumps 10.6%, while bitcoin bull Strategy MSTR.O gains 15%

** Trading platform Robinhood Markets HOOD.O gains 16.3%, while Webull BULL.O adds 12%

** BTC has rallied strongly in recent weeks after U.S. President Donald Trump urged Congress to pass a crypto bill, and received a big boost after the Treasury Department's move to support ​long-dated bonds

** Crypto miners also gain ground: Riot Platforms RIOT.O 11.4%, Mara Holdings MARA.O 10%, Bit Digital BTBT.O 15.8%

** Shares of American Bitcoin ABTC.O, backed by two eldest sons of President Trump, surge 18.4%

** Stablecoin issuer Circle Internet CRCL.N gains 15.8%, BTC mining machine maker Canaan CAN.O jumps 23.4%


(Reporting by Arasu Kannagi Basil in Bengaluru)

((ArasuKannagi.Basil@thomsonreuters.com;))

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