Crypto Stocks in Green as Bitcoin Flirts Around ATH

3 weeks ago 9
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Crypto Stocks in Green as Bitcoin Flirts Around ATH

In what may be a hopeful sign for crypto investors, US crypto-related stocks began the week on a positive note as they traded higher. This positive development comes as Bitcoin, the largest digital asset moved slightly around its all-time high of $73,000.

Crypto Stocks Trading Higher

According to information from a recent Coindesk report, the shares of prominent crypto trading platform Coinbase Global Inc (NASDAQ: COIN) saw an increase of 6.68% to $256.99. The exchange, which went public in 2021, has had a great year thus far. In February, it released its Q4 2023 results, which revealed that it was once again profitable.

In a similar move, stocks from renowned corporate Bitcoin holder and business intelligence firm MicroStrategy Inc (NASDAQ: MSTR) increased by 5.14% to $1,512.99 while BlackRock’s Bitcoin Exchange-Traded Fund (IBIT) gained about 6.5% in pre-market trading.

Stocks assoc...


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Crypto Stocks in Green as Bitcoin Flirts Around ATH