Crypto Stocks Rebound as Bitcoin (BTC) Price Recovers

Crypto Stocks Rebound as Bitcoin (BTC) Price Recovers

Stocks of notable cryptocurrency-related companies observed a notable rebound following a 1.18% rise in the price of Bitcoin today.

Stocks of notable cryptocurrency-related companies observed a notable rebound following a 1.18% rise in the price of Bitcoin today.

Coinbase Global, Bitfarms, and MicroStrategy are leading the rise, each posting gains of around 2%, 1.2%, and 1.42%, respectively.

Additionally, Riot Platforms and US-listed shares of Hut 8 Mining saw gains of 1.7% and 2.3%, while Marathon Digital Holdings outperformed its peers with a 3% rise.

Marathon Digital Leading Raise

The substantial growth in Marathon Digital’s stock value can be attributed to its latest production update. In December 2023, the company reported a record production of 1,853 Bitcoins, contributing to a total of 12,852 Bitcoins mined throughout the year.

Related
Ethereum’s Vitalik Buterin Sets Ambitious Target for L2s: Details

This increase in production was further bolstered by an 18% monthly increase in its operational hash rate, reaching 22.4 EH/s.

The company’s holdings now exceed 15,000 Bitcoins, with a combined total of cash and Bitcoin assets valued at approximately $1 billion.

Recovery in the crypto market

The broader cryptocurrency market is showing signs of recovery, with leading digital currencies such as Bitcoin and Ethereum posting gains.

According to the latest data from CoinGecko, Bitcoin is currently priced at $43,365, up 1.2% over the past seven days.

Ethereum follows suit, with a current price of $2,239 after a 0.9% gain in the last 24 hours and a 6.9% increase over the week.

Other major cryptocurrencies such as BNB, Solana, and XRP also saw growth, contributing to the positive sentiment in the market.

The broader market is showing a rally after rumors about the US Securities and Exchange Commission’s possible rejection of a number of spot Bitcoin exchange-traded fund (ETF) applications sparked a major correction. From the market.

Leave a Reply

Your email address will not be published. Required fields are marked *

Best Exchanges
Buy, trade, and hold 600+ cryptocurrencies on Binance
Buy, trade, and hold 450+ cryptocurrencies on ByBit
Buy, trade, and hold 150+ cryptocurrencies on Kucoin
Buy, trade, and hold 100+ cryptocurrencies on BitFinex 
Buy, trade, and hold 150+ cryptocurrencies on CoinBase

Guru Investing is an independent source of information about investing , not controlled by any broker. All our reviews and guides are created honestly, according to the best knowledge and judgement of the members of our independent expert team; however, they are intended for informative purposes only and should not be construed as, nor relied upon as, legal advice. You should always make sure that you meet all regulatory requirements before making any financial operations . Copyright ©2024 Email for contact [email protected]
follow telegram
pornhd.com hindisexyporn.com kashmiri girls sex jayasex indaporn.info desi bhabi xxx xlnindia sexo-vids.com 1st time sex video たかはししょうこ動画 javfuck.mobi 真正中出し3本番 彩乃なな sex film sexy film xxxhindividoes.com xnxx indian teens
ano nga ba ang pangarap iwantmoreteleserye.com hello heart episode 3 reshma hot saree images nuporn.mobi xvidies com bihar chudai tubezaur.mobi heroine photo hot dasixx hardcoreporntrends.com ileana d'cruz hot photoshoot www.xxxsexvideo.com xbeegtube.mobi hindi movi
www sxe vidoes erohardcore.info boops sucking dehati fuck kitporn.info chuk chuk rail fuckcomix.com mojoporntube.net gujaratisexvidio probinsyano october 18 2021 full episode freeteleseryetv.net ang probinsyano july 14 2022 قصص سكس كرتون cmsextra.net سكس بنات تخينة