Crypto stocks advance as bitcoin hits one-week high
01/07/2024 12:45
** Shares of cryptocurrency and blockchain-related companies
rise in premarket trading
** Bitcoin BTC= rises ~3% to hit a one-week high of
$63,733; last up 1.2% at $62,600
** Ether ETH= gains ~1.2% to $3,457
** Crypto exchange Coinbase Global COIN.O climbs 1.7%,
while blockchain farm operator Bitfarms Ltd BITF.O is up 2.7%
** Crypto miners Riot Platforms RIOT.O , Marathon Digital
MARA.O and U.S.-listed shares of Hut 8 HUT.O and Bit Digital
BTBT.O up between 1.8% and 4%
** Software firm and bitcoin buyer MicroStrategy MSTR.O
gains 2.3%
** Bitcoin mining machine makers Ebang International
EBON.O trades flat, while Canaan Inc CAN.O is up 4%
** ProShares Bitcoin Strategy ETF BITO.P falls 2.4%
** BTC is up ~49% YTD
(Reporting by Roshan Abraham)