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Why Galaxy Digital Stock Triumphed on Tuesday


On the back of a run-up in cryptocurrency prices and a new, bullish analyst note, crypto stock Galaxy Holdings (NASDAQ: GLXY) had a fine Tuesday on the stock exchange. The company's share price increased by over 11%, outperforming the relatively flat S&P 500 index.

Tuesday was one day before the latest Federal Reserve (Fed) Open Market Committee meeting was scheduled to wrap up.

Image source: Getty Images.

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Source Fool.com

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