Why Crypto Stocks Are Up Big Today
Wednesday started out positive for the crypto industry as Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) both moved sharply higher today. At 12:05 p.m. EDT, the cryptocurrencies are up 3.7% and 7.8%, respectively, over the last 24 hours.
Bit Digital (NASDAQ: BTBT) was one of the industry's biggest movers, rising 34.9% this morning. Shares are up 22.3% as I'm writing after a huge run higher for the stock last week. Coinbase Global (NASDAQ: COIN) was up as much as 3.1% and is currently 2.3% higher for the day.
Image source: Getty Images.
Source Fool.com


