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Marathon Digital, Coinbase Lead Bounce for Crypto-Related Stocks

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After a year in which 80%-90% declines were the norm, crypto-related stocks are in the green to start 2023 after a big rally on Wednesday. $MARA, $RIOT, $COIN SteveAlpher reports

After a disastrous 2022 in which 80%-90% declines were the norm, many cryptocurrency-related stocks are in the green early in 2023 after big advances on Wednesday.

The largest gainer among the major names was bitcoin miner Marathon Digital , which rose 24% today. Among other miners, the rebranded Riot Platforms – which began the year byCrypto exchange Coinbase gained 12.2%, helped by the general rally and by removing a regulatory overhang withChecking cryptocurrencies themselves, bitcoin (

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SteveAlpher I’ve been loading up on Marathon because they may come out of this whole thing VERY strong with lots of competitors bankrupt. They are the most stabile of the big ones

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Ether, altcoins higher as solana soars 14%, Coinbase gains pre-market after Tuesday's dropCrypto prices were higher today, while Coinbase gained in pre-market trading to recoup some of Tuesday's losses. The Fed's latest meeting minutes from December will be released at 2 p.m. EST.
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