Altcoins
Crypto Stocks Gain After Bitcoin Reclaims $65,000 Level, Altcoins Follow Suit
Several cryptocurrency-related stocks show significant gains: MicroStrategy Incorporated (NASDAQ:MSTR) rose 10%, Marathon Digital Holdings (NASDAQ:MARA) rose 8% and both Cipher Mining (NASDAQ:CIFR) and CleanSpark (NASDAQ:CLSK) saw increases of 8% and 7%, respectively. Riot Blockchain (NASDAQ:REVOLT) and Bitfarm (NASDAQ:BITF) rose 5% each, Hut 8 Mining (NASDAQ:HUT) gained 5.2%, Coinbase Global (NASDAQ:CURRENCY) and Hive Digital (NASDAQ:HIVE) rose 3%, Stronghold Digital Mining (NASDAQ:SDIG) rose 2.7%, and Bakkt Holdings (NYSE:BKKT) increased by 3.4%.
In addition to Bitcoin’s surge, other major cryptocurrencies have also seen positive momentum. Ethereum (ETH-USD) rallied 1.85% to $3,202.54, while Solana (SOL-USD) rose 6.61% to $155.41. XRP (XRPUSD) posted a 2.4% gain to $0.54, and Cardano’s (ADA-USD) the price increased by 2.71% to $0.47.
The Dogecoin meme coin (DOGE-USD) also posted gains, rising 4.30% to $0.17. His rival, Shiba Inu (SHIB-USD), increased by 3.28% and traded at $0.000026.