Bitcoin surge drives cryptocurrency stocks higher in pre-market

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Investing.com – During Wednesday’s pre-market trading, cryptocurrency and blockchain company stocks rose as Bitcoin climbed to its highest level in over three weeks.

Bitcoin increased by 4.8% to $71,277.82, while Ethereum rose by 5.1% to $2,069.30.

Cryptocurrency exchange Coinbase Global (NASDAQ:COIN) gained 6%, and blockchain mining operator Bitfarms (NASDAQ:BITF) increased by 4.5%.

Among crypto mining companies, MARA Holdings (NASDAQ:MARA), Riot Platforms (NASDAQ:RIOT), and Bit Digital (NASDAQ:BTBT) rose between 4% and 6%.

Bitcoin holder Strategy (NASDAQ:MSTR) increased by 7.2%, while Ethereum holder Bitmine Immersion Technologies (CVE:BMNR) rose by 6.8%.

Retail trading platform Robinhood (NASDAQ:HOOD), which offers cryptocurrency trading, gained 4.3%.

ProShares Bitcoin Strategy ETF (NYSE:BITO) increased by 4.6%, and iShares Bitcoin Trust ETF (NASDAQ:IBIT) rose by 4.1%.

This article was translated with the assistance of artificial intelligence. For more information, please see our Terms of Use.

BTC4.07%
ETH5.77%
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