Crypto stocks rally as Bitcoin price continues to climb

  • Investing.com
  • Cryptocurrency News
Crypto stocks rally as Bitcoin price continues to climb
Credit: © Reuters.

Cryptocurrency stocks are rising Wednesday on the back of the continued climb in the price of Bitcoin, which has climbed a further 4%.

Bitcoin is currently trading around $51,770, its highest level since December 2021. The rise has taken its market cap to $1 trillion. Ethereum, the second-largest cryptocurrency, is up close to 4% at the time of writing, trading at around $2,746.

The rise in cryptocurrencies has seen exchange Coinbase (NASDAQ: COIN ) shares rally more than 10% on Wednesday, trading at $155.61. The stock initially hit a high of over $160 per share.

Meanwhile, Bitcoin mining companies Riot Platforms (NASDAQ: RIOT ) and Marathon Digital Holdings (NASDAQ: MARA ) have jumped, up 9% and 12%, respectively.

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or

100

Related Articles