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Crypto-linked stocks rally after Bitcoin hits over seven-month high

BUZZ-Crypto-linked stocks rally after Bitcoin hits over seven-month high

Updates

** US-listed cryptocurrency stocks rally as bitcoin touches more than a seven-month high

** Bitcoin BTC=, the world's largest cryptocurrency, gains 4.7% to $84,890.60

** Crypto exchange Coinbase Global COIN.O rises 7.2%, while bitcoin bull Strategy MSTR.O jumps 9.6%

** Trading platform Robinhood Markets HOOD.O ahead 5%, while Webull BULL.O adds 4%

** Crypto miners also gain ground: Riot Platforms RIOT.O 3.8%, Mara Holdings MARA.O 3.9%, Bit Digital BTBT.O 3.6%

** Shares of American Bitcoin ABTC.O, backed by two eldest sons of President Trump, surge 7.2%

** Stablecoin issuer Circle Internet CRCL.N leaps 7.7%, BTC mining machine maker Canaan CAN.O soars 15.9%

** ProShares Bitcoin Strategy ETF BITO.P adds 4.5%; iShares Bitcoin Trust ETF IBIT.O rises 4.6%

** Including session's move, BTC down 3% YTD


(Reporting by Anand Gopal in Bengaluru)

((AnandGopal.R@thomsonreuters.com))

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