Got lost in the abundance of information about Bitcoin, digital currency, blockchain technology!? IneChain rating will help you to easily identify different news from different media sources, - so you can get the full picture and choose the right way to making money! Still not a millionaire?;)

Fast and Trusted reading best crypto news online at inEchain feed!

Why Bitcoin-Related And Ethereum-Related Stocks Are Trading Higher Today

Why Bitcoin-Related And Ethereum-Related Stocks Are Trading Higher Today

Shares of several cryptocurrency-related stocks including Marathon Digital Holdings Inc (NASDAQ: MARA), Riot Blockchain Inc (NASDAQ: RIOT) and Coinbase Global Inc (NASDAQ: COIN) are trading higher Wednesday in sympathy with the price of Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH).

Bitcoin may be trading higher today following positive comments regarding regulation from SEC chief Gary Gensler. Ethereum may be trading higher as investors anticipate the upgrade coming to the Ethereum network called Ethereum Improvement Protocol 1559, or EIP-1559.

Marathon Digital is focused on mining digital assets. It owns crypto-currency mining machines and a data center to mine the digital assets.

Riot Blockchain is focused on building, supporting and operating blockchain technologies. 

Coinbase Global is a provider of end-to-end financial infrastructure and technology for the crypto-economy.

Price Action: Bitcoin is up 35.42% year-to-date, while Ethereum is up 260.41% year-to-date.

At last check Wednesday, Marathon Digital was up 7.63% at $29.20, Riot Blockchain was up 6.04% at $33.38 and Coinbase was up 2.55% at $236.04.

See more from Benzinga

Click here for options trades from Benzinga

What's Up With Robinhood's Stock Today?

Why Novavax's Stock Is Trading Higher Today

© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

from:

finance.yahoo.com
date of publication icon 02 Sep 2021 icon of time needed to read the article 1 min read
Rate it!