Crypto stocks up as bitcoin, ether prices recover from two-day slide
28/03/2024 09:14
** Shares of cryptocurrency and blockchain-related companies
rise premarket as bitcoin, ethereum prices recover from two-day
slide
** Bitcoin BTC= , the world's most valuable cryptocurrency,
up 2.6% at $70,666, while Ether ETH= rises 1.8% to $3,575.1
** Coinbase Global COIN.O rises 2.8%, while blockchain
farm operator Bitfarms BITF.O up 2.3%
** Crypto miners Riot Platforms RIOT.O Marathon Digital
MARA.O , U.S.-listed shares of Hut 8 HUT.O , and Bit Digital
BTBT.O up 1.4%-2.8%
** Software firm and BTC buyer MicroStrategy MSTR.O gain
3.4%
** Canaan CAN.O up 1.4%, while ProShares Bitcoin Strategy
ETF BITO.P adds 3.1%
** Bitcoin is on track for gains of over 68% so far this
quarter, boosted by U.S. regulatory approval for 11 spot bitcoin
ETFs in January
** Ether is set for gains of over 56% QTD, while MVIS
CryptoCompare Digital Assets 100 Index .MVDA is set for a
62.5% increase
(Reporting by Johann M Cherian in Bengaluru)
((johann.mcherian@thomsonreuters.com;))