Greed

United

Bitcoin

<div class="cryptonews">
 <p class="is-style-lead">Crypto-based firms like Coinbase and MicroStrategy experience notable upticks on the <a rel="noopener noreferrer nofollow" title="stock" href="https://thebittimes.com/tag/stock.html">stock</a> market and Bitcoin rallies.</p>
 <p>Companies with significant cryptocurrency holdings or operations are experiencing a positive market response as Bitcoin rallies over the $35,000 mark on Oct. 24th.&nbsp;</p>
 <p>Crypto exchange Coinbase Global Inc. and corporate Bitcoin investor MicroStrategy Inc. saw their <a rel="noopener noreferrer nofollow" title="stock" href="https://thebittimes.com/tag/stock.html">stock</a> prices swell by 14 percent and 12 percent, correspondingly, as the market commenced. Similarly, cryptocurrency mining companies Marathon Digital Holdings Inc. and Riot Platforms Inc. also reported over 13 percent in <a rel="noopener noreferrer nofollow" title="gains" href="https://thebittimes.com/tag/gains.html">gains</a> during the early hours of trading.</p>
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   <img decoding="async" src="https://cdn.thebittimes.com/images/2023/10/25/16126d7f7a4f1580a320e86d8850e1c7.webp" alt="Coinbase stock" width="756" height="234"> 
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 <p>Crypto mining infrastructure provider Bit Digital also experienced a 4 percent increase on the <a rel="noopener noreferrer nofollow" title="stock" href="https://thebittimes.com/tag/stock.html">stock</a> market today, as Robinhood shares also experienced a notable 2 percent increase. The Bitcoin Fear and Greed Index has also shifted to green, which was mostly in the ‘fear’ zone throughout last month.&nbsp;</p>
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   <img decoding="async" loading="lazy" src="https://cdn.thebittimes.com/images/2023/10/25/6a1011981280f09faccf44104b581e84.webp" alt="Bitcoin fear and greed index" width="612" height="264"> 
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 <p>This upward trajectory in both the cryptocurrency and <a rel="noopener noreferrer nofollow" title="related" href="https://thebittimes.com/tag/related.html">related</a> <a rel="noopener noreferrer nofollow" title="stocks" href="https://thebittimes.com/tag/stocks.html">stocks</a> coincides with heightened anticipation surrounding the possible green light for the first Bitcoin spot exchange-traded fund in the United States. Coupled with Bitcoin’s momentum, surpassing $31,000 just the day before, this has propelled shares of crypto-exposed firms for a consecutive second day.</p>
 <p>The positive shifts in the cryptocurrency market point to an increasingly optimistic sentiment, providing a boost not just to Bitcoin but also to every institutional organization fundamentally tied to digital assets.</p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/crypto-related-stocks-soar-as-bitcoin-gains-10-on-the-day-tbt67615.html">https://thebittimes.com/crypto-related-stocks-soar-as-bitcoin-gains-10-on-the-day-tbt67615.html</a></p>

Crypto-related stocks soar as Bitcoin gains 10% on the day

TheBitTimes

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