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TDUX
Sep 03 - 04:55 PM

Bitcoin - Crypto-Linked Stocks Rally As Bitcoin Hits Three Month High

By Arasu Kannagi Basil  —  Sep 03 - 02:15 PM

• U.S.-listed cryptocurrency stocks rally as bitcoin touches a three-month high

• Bitcoin , the world's largest cryptocurrency, last up 4.8% at $81,105.73

• Crypto exchange Coinbase Global jumps 10.6%, while bitcoin bull Strategy gains 15%

• Trading platform Robinhood Markets gains 16.3%, while Webull adds 12%

• BTC has rallied strongly in recent weeks after U.S. President Donald Trump urged Congress to pass a crypto bill, and received a big boost after the Treasury Department's move to support ​long-dated bonds

• Crypto miners also gain ground: Riot Platforms 11.4%, Mara Holdings 10%, Bit Digital 15.8%

• Shares of American Bitcoin , backed by two eldest sons of President Trump, surge 18.4%

• Stablecoin issuer Circle Internet gains 15.8%, BTC mining machine maker Canaan jumps 23.4%

(Reporting by Arasu Kannagi Basil in Bengaluru)

Source:
London Stock Exchange Group | Thomson Reuters

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