Crypto related stocks climbed Monday 8th January 2024 as the price of Bitcoin increased again to its highest level since April 2022.
Crypto exchange Coinbase rose 3%, while Block and Robinhood, which also offer Bitcoin trading services, added 3% and 5%, respectively. Mining stocks enjoyed gains too: Marathon Digital and Riot Platforms advanced some 8% each. CleanSpark and Iris Energy both added 6%.
ETF decision closer
Bitcoin rallied above $47,000 as BlackRock, Grayscale and other potential Bitcoin ETF issuers submitted final updates to the Securities and Exchange Commission (SEC), that bolstered investors’ confidence that a likely positive decision is due soon.
Bitcoin 24-hour chart Monday 8th – Tuesday 9th January 2024
