Crypto stocks gain as bitcoin rises more than 4%

Ebang International Holdings

11/10/2024 16:30

** Cryptocurrency and blockchain-related stocks gain,
tracking bitcoin's move higher on Fri
    ** Bitcoin  BTC= , world's biggest cryptocurrency, recently
up 4.2% at $62,197, while Ether  ETH=  3.2% at $2,442.30
        ** Crypto exchange Coinbase Global  COIN.O  up >6%, and
U.S.-listed shares of blockchain farm operator Bitfarms  BITF.O 
up >3% on the session
    ** Crypto miners advance: Riot Platforms  RIOT.O  5.5%, 
Marathon Digital  MARA.O  ~5%, Hut 8  HUT.O  ~4%, Bit Digital
 BTBT.O  ~5%
        ** Shares of notable BTC hoarder MicroStrategy  MSTR.O 
surges >10%, exceeds prior 1-yr high hit in Mar
  
    ** ProShares Bitcoin Strategy ETF  BITO.P  lifting 4%
    ** Including move on the session, BTC up ~46% this year

 (Lance Tupper is a Reuters market analyst. The views expressed
are his own)
 ((lance.tupper@thomsonreuters.com
lance.tupper@tr.com 1-646-279-6380))