Stock Track | Bit Digital (BTBT) Stock Surges 5.9% in Pre-Market on Crypto Rally ahead of Inflation Data and Trump Inauguration

Stock Track
01-15

Bit Digital, Inc. (BTBT), a cryptocurrency mining company, saw its stock soar 5.9% in pre-market trading on Wednesday. This pre-market rally appears to be driven by the broader cryptocurrency market's buoyant performance, particularly the rise of Bitcoin, ahead of the upcoming US inflation data release and the inauguration of President-elect Donald Trump.

Bitcoin, the world's largest cryptocurrency, climbed closer to the $97,000 mark, rising 2.18% in the last 24 hours. The crypto market rally was fueled by anticipation of crypto-friendly policies under the Trump administration and optimism surrounding the softer-than-expected US inflation data. The softer core price index helped lift crypto prices, with Bitcoin changing hands at $99,188 as of 9:09 a.m. in New York.

Speculators are weighing the potential inflationary impact of Trump's tariff and immigration policies against his pledge to make the US a global hub for cryptocurrencies. This positive sentiment also boosted other major crypto stocks in pre-market trading, including Canaan (up 7%), TeraWulf (up 6%), Hut 8 (up 6%), MicroStrategy (up 5%), Bakkt Holdings (up 5%), CleanSpark (up 4%), Marathon Digital Holdings (up 4%), Riot Platforms (up 4%), and Coinbase (up 4%). However, the Bitcoin spot ETF iShares Bitcoin Trust (IBIT) saw a record high single-day net outflow of $219.48 million, indicating some profit-taking by investors.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10