Crypto plays climb as Bitcoin surpasses $50,000 mark

Sos

23/08/2021 11:25

** Shares of cryptocurrency and blockchain-related firms
climb premarket as bitcoin  BTC=BTSP  crossed the $50,000 mark
over the weekend 
    ** The largest digital currency was last up ~2% at
$50,394.99, while ether  ETH=BTSP  traded at $3,358.36 - both
are at their highest levels since mid-May
    ** Cryptocurrency miners Riot Blockchain  RIOT.O  and
Marathon Digital Holdings  MARA.O  gain 5.5% and 4.9%,
respectively; mining machine maker Ebang International  EBON.O 
adds 6.2%
    ** China-based bitcoin cos Ebang International  EBON.O , SOS
 SOS.N  and Future Fintech Group  FTFT.O  rise between 2.8% and
6.2% 
    ** BTC buyer and business intelligence software co
MicroStrategy Inc  MSTR.O  is up 4.3% and crypto exchange
Coinbase Global  COIN.O  rises 3.8%

 (Reporting by Medha Singh)
 ((medha.singh@thomsonreuters.com))