Crypto stocks surge as bitcoin hits 5-week high

Sos

26/07/2021 10:34

** Shares of cryptocurrency and blockchain related cos surge
as bitcoin  BTC=BTSP  rallies for sixth day 
    ** Bitcoin jumps as much as 12% to $39,850, while ether
climbs 9.4% to $2,393.51  ETH=BTSP  
    ** London's City A.M. newspaper cited an un-named "insider"
on the weekend as saying Amazon Inc  AMZN.O  is looking to
accept bitcoin payments by year-end  urn:newsml:reuters.com:*:nL1N2P20DU
    ** Bitcoin bank Silvergate Capital Corp  SI.N  rises 6.7%;
cryptocurrency miners Riot Blockchain  RIOT.O  and Marathon
Digital Holdings  MARA.O  gain 19.2% and 18.9%, respectively
    ** Bitcoin mining machine makers Ebang International
 EBON.O  and Canaan Inc  CAN.O , BTC buyer and business
intelligence software firm MicroStrategy Inc  MSTR.O  rise
10%-13%
    ** China-focused SOS  SOS.N  up 17.7%, the most actively
traded stock on NYSE in the positive territory at 5:20 a.m. ET
    ** Crypto exchange Coinbase Global  COIN.O  advances 6%

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