Corrected: BUZZ-Crypto stocks advance as Trump urges Congress to pass crypto bill

Hut 8

20/08/2026 10:29

Corrects last bullet to say bitcoin has fallen about 43%, not 75%, from record high
   ** Cryptocurrency and blockchain-related companies rise in premarket trading after Trump on Wednesday called on Congress to pass crypto bill   
** Bitcoin BTC=, world's biggest cryptocurrency, up 4% at $71,843.66, its highest level since June
** Ether ETH= rises 3.3% to $2,292.31, highest in over three months 
** Crypto exchange Coinbase Global COIN.O rises 6.9%, BTC bull Strategy MSTR.O gains 9.3%
** Crypto miners Riot Platforms RIOT.O, MARA Holdings MARA.O, Hut 8 HUT.O, and Bit Digital BTBT.O up 4.3%-7.9%
** BTC mining machine maker Canaan CAN.O up 22.8%, stablecoin issuer Circle CRCL.N gains 5.9%
** Retail trading platform Robinhood Markets HOOD.O jumps 4.9% 
** Ether-linked Bitmine Immersion Technologies BMNR.A and Sharplink Gaming SBET.O jump over 8%
** ProShares Bitcoin Strategy ETF BITO.P and iShares Bitcoin Trust ETF IBIT.O up 4.7%, iShares Ethereum Trust ETF ETHA.O rises 8.7%
** BTC down 18.3% YTD, declines about 43% from record high clocked in October 2025

 (Reporting by Sudeshna Ghoshal in Bengaluru)
 ((Sudeshna.ghoshal@thomsonreuters.com))