Crypto stocks rise following bitcoin bounce

CleanSpark

08/04/2025 13:35

** Cryptocurrency and blockchain-related stocks rise before the bell as bitcoin rebounds along with markets

** Bitcoin BTC=, world's biggest cryptocurrency, up 1.3% to $79,910 after hitting new 2025 low on Mon of about $74,446. Ether ETH= up 0.6% to $1,579.45

** Equity futures rising on Tues on hopes of tariff talks, following a brutal selloff in which investors dashed for safe havens .N

** Crypto exchange Coinbase Global COIN.O up 3%, notable bitcoin compiler Strategy MSTR.O advances 3% premarket

** Retail trading platform Robinhood HOOD.O up nearly 4%

** Crypto miners gain: Riot Platforms RIOT.O ~4%, Mara Holdings MARA.O 4%, Cleanspark CLSK.O 3%, Bit Digital BTBT.O 2.5%

** ProShares Bitcoin Strategy ETF BITO.P and iShares Bitcoin Trust ETF IBIT.O both up >2% premarket

** BTC off ~16% YTD so far

(Lance Tupper is a Reuters market analyst. The views expressed are his own)

((lance.tupper@tr.com 1-646-279-6380))