U.S. Crypto Stocks Ride BTC Momentum in Pre-Market Trading

BTC climbed above $36,000 for the first time in around 18 months during Asian trading hours on Thursday, and the bullish momentum fed through to U.S. publicly-traded firms with crypto exposure, such as the Coinbase exchange, software developer MicroStrategy – which owns a large number of bitcoin, trading platform Robinhood and mining firms Marathon Digital and Riot Blockchain .had added about 4% as of 11:03 UTC .

MicroStrategy, which held 158,400 BTC on its balance sheet as of the end of last month,These gains may also reflect fresh optimism of a spot bitcoin exchange-traded fund finally being approved in the U.S., following reportsThe leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

4 Stocks to Ride Positive November Seasonality With Above-Average ReturnsStocks Analysis by Investing.com (Ismael De La Cruz) covering: S&P 500, iShares Core S&P 500 ETF, SPDR® S&P 500, Applied Materials Inc. Read Investing.com (Ismael De La Cruz)'s latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

Widening Crypto Rally Lifts Total Crypto Market Cap to $1.3TBitcoin (BTC) inched closer to $36,000 in the last 24 hours, as the widening altcoin rally and risk-on sentiment in traditional markets lifted the total value of the crypto markets to a 16-month high. André Dragosch, who was recently appointed as head of research at ETC Group, discusses his crypto markets outlook.
Source: CoinDesk - 🏆 291. / 63 Read more »

Bernstein says to buy these crypto stocks to play the expected bitcoin ETF and halvingInvestors are returning attention back to two big crypto catalysts – a bitcoin ETF and the Bitcoin halving – and Bernstein has ways to play each.
Source: CNBC - 🏆 12. / 72 Read more »