Crypto stocks: Jump as bitcoin looks set to snap losing streak

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26/04/2021 11:57

** Shares of cryptocurrency and blockchain-related firms
jump premarket as Bitcoin  BTC=BTSP  rises 8.7% to $53,423.7 
    ** BTC is on course to snap five straight days of losses;
some losses were due to fears that U.S. President Joe Biden's
plan to hike capital gains taxes would dent investments in
digital assets  urn:newsml:reuters.com:*:nL4N2MJ275
    ** Bitcoin bank Silvergate Capital Corp  SI.N  up 4.9%
before the bell; cryptocurrency miner Riot Blockchain  RIOT.O 
climbs 6.3% and Marathon Digital Holdings  MARA.O  7.3% higher  
  
    ** Future Fintech Group  FTFT.O  jumps 6.2%, while carmaker
Tesla  TSLA.O  - a big proponent of BTC - edges up 0.3% 
    ** China-focused SOS  SOS.N  rises 4.4%; shares of
Overstock.com  OSTK.O , an online retailer and blockchain tech
investor, up 1.9%
    ** MicroStrategy Inc  MSTR.O , a big BTC buyer and business
intelligence software firm, climbs 4% 
    ** Shares of cryptocurrency exchange Coinbase Global's
shares  COIN.O  add 5.2% 

 (Reporting by Aaron Saldanha)
 ((Aaron.Saldanha@thomsonreuters.com; +91 9810644993; Reuters
Messaging: Aaron.Saldanha@thomsonreuters.com@reuters.net))