Crypto stocks gain as bitcoin rises on improved risk appetite
22/03/2022 09:49
** Crypto stocks that tend to move in tandem with bitcoin
price, gain in premarket trade as ether hit a 1-month high and
bitcoin touches highest in nearly 3-weeks
** Ether ETH=BTSP last up 4% at $3,001, while bitcoin
BTC=BTSP up 3.5% at $42,489
** Crypto miners Riot Blockchain RIOT.O , Marathon Digital
MARA.O , Bit Digital BTBT.O and Hut 8 Mining HUT.O up
between 4.5% and 5.5%
** BTC mining machine makers Canaan CAN.O and Ebang
International EBON.O gain 4.9% and 5.3%, respectively
** Crypto exchange Coinbase Global COIN.O and BTC buyer
and business intelligence software co MicroStrategy MSTR.O
rise ~2.5% each
** Among China-based crypto cos: SOS SOS.N and Future
Fintech Group Inc FTFT.O surge 5.2% and 8.6%, respectively
** ProShares Bitcoin Strategy ETF BITO.K , that tracks
bitcoin futures, adds 3.2%
** Nasdaq crypto index .NCID , which tracks a basket of
digital assets, is set to fall 13% this quarter, it's first
quarterly fall in four
(Reporting by Medha Singh)
((medha.singh@thomsonreuters.com))