Crypto stocks jump, tracking bitcoin's rise

Sos

27/08/2021 20:31

** Shares of cryptocurrency and blockchain-related firms
rise as bitcoin  BTC=BTSP  gains 3.4% to $48,462.85 
    ** Bitcoin recoups losses from Thursday, cryptocurrency
ether  ETH=BTSP  gains 4.7% to $3,237.84    
    ** More dovish tone from U.S. Federal Reserve Chairman
Jerome Powell helps support some riskier assets  FRX/  
    ** Cryptocurrency miners Riot Blockchain  RIOT.O , Marathon
Patent Group  MARA.O , Bit Digital  BTBT.O  rise between 6% and
19% 
    ** Bitcoin mining machine makers Ebang International
 EBON.O  and Canaan Inc  CAN.O  gain 5.6% and 7%, respectively;
blockchain farm operator Bitfarms  BITF.O  jumps 7.7% 
    ** MicroStrategy Inc  MSTR.O , a BTC buyer and business
intelligence software firm, up 2.1%; bitcoin bank Silvergate
Capital  SI.N  gains 4.3% 
    ** Crypto exchange Coinbase Global  COIN.O  up 3.6% 
    ** The Nasdaq crypto index  .NCID , which tracks a basket of
digital assets, rises 2.3% 
    ** China-based bitcoin SOS  SOS.N  and Future Fintech Group
 FTFT.O  rise 6.7% and 2.5%, respectively
    ** Bitcoin has risen 67% YTD

 (Reporting by Lisa Mattackal)
 ((lisapauline.mattackal@thomsonreuters.com; +919945309224;
Twitter: https://twitter.com/LPM94))