Crypto Stocks Surge as Bitcoin, Ethereum, XRP Reach Multi-Week Highs
Crypto stocks experienced a rally, coinciding with Bitcoin reaching a 30-day high, reportedly surpassing $94,000 on Monday. The surge in crypto prices appears to have positively impacted publicly traded companies in the crypto space. Companies like Coinbase, Robinhood, and Bitcoin miners saw their stock prices increase, according to reports. The development suggests a potential correlation between cryptocurrency market performance and the valuation of related stocks.
Never miss a Web3 update
Join our Telegram channel to receive news in real-time, straight to your phone.