Bitcoin Soars-Crypto Stocks Follow
Bitcoin surges above 76000 as short squeeze and institutional demand drive gains, lifting crypto stocks including MARA, RIOT and HIVE.
Bitcoin Soars-Crypto Stocks Follow
(Investorideas.com Newswire) a go-to platform for big investing ideas, including crypto stocks issues a snapshot of morning trading for the sector.
Bitcoin US (BTC) is trending and making huge gains this morning, currently trading at 76,009.03 +4,300.75 (+6.00%). The increase is due to a combination of factors and Bitcoin fans feel it is long overdue. A significant short squeeze, easing geopolitical tensions, and renewed institutional buying seem to driving this big push.
The bullish sentiment is also creating gains in some of the well-known stocks.
MARA Holdings, Inc. (Nasdaq; MARA) is trading at $10.77 +0.41 (+3.91%), with a morning high of $11.01.
Riot Platforms, Inc. (Nasdaq: RIOT) is also up trading at $18.65 +1.27 (+7.34%), with a morning high of $18.91.
HIVE Digital Technologies Ltd. (Nasdaq: HIVE) is currently at $2.4050 +0.2350 (+10.83%) on volume of over 4.8 Million shares.
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