Blockchain-related stocks climb as Bitcoin recovers from 2018 rout
13/05/2019 12:07
** Shares of cryptocurrency and blockchain-related stocks
gain premarket as Bitcoin breaches $7,000 over the weekend to
hit a 12-month high
** Bitcoin on the Bitstamp exchange BTC=BTSP was last up
2% at $7,110.14, recovering all of its losses from a major slump
late last year
** DPW Holdings DPW.A jumps 11.2%, while Riot Blockchain
RIOT.O and Marathon Patent Group MARA.O rise about 6% each;
Xunlei Ltd XNET.O up 1.8%
** Ethereum ETH=BTSP also touched a 6-month high on
Saturday, last up 1.2% at $190.43
(Reporting by Medha Singh in Bengaluru)
((medha.singh@thomsonreuters.com))