BUZZ-Crypto stocks up as bitcoin prices trend higher

Reuters

Oct 18, 2024

** Shares of cryptocurrency and blockchain-related companies rise as world's most valuable cryptocurrency, bitcoin, hovers at levels seen over two months ago

** Bitcoin rises 1.2% to $62,400 and set to end the week up 8.7% - its biggest weekly jump in over one month

** Some analysts point BTC impacted by increasing chances of Republican Donald Trump winning Nov. 5 U.S. elections, who has positioned himself as a pro-bitcoin candidate

** Odds of Trump winning the race as per PredictIt, an online prediction marketplace, stand at 55 cents, compared with rival Kamala Harris' chances at 47 cents

** Ether prices also rise 1% to $2,623

** Crypto exchange Coinbase Global rises 1.9%, while Blockchain farm operator Bitfarms Ltd up 2.1% premarket

** Crypto miners: Riot Platforms Inc , Mara Holdings

, U.S.-listed shares of Hut 8 , and Bit Digital

up 1.7%-3%

** Software firm and BTC buyer MicroStrategy gains 2%

** ProShares Bitcoin Strategy ETF adds 1.5%

** BTC has risen 61% YTD compared with a 39.3% increase in the MVIS CryptoCompare Digital Assets 100 Index

(Reporting by Johann M Cherian in Bengaluru)

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its biggest weekly jump in over one month</p><p>   ** Some analysts point BTC impacted by increasing chances of Republican Donald Trump winning Nov. 5 U.S. elections, who has positioned himself as a pro-bitcoin candidate </p><p>   ** Odds of Trump winning the race as per PredictIt, an online prediction marketplace, stand at 55 cents, compared with rival Kamala Harris' chances at 47 cents</p><p>   ** Ether    prices also rise 1% to $2,623</p><p>   ** Crypto exchange Coinbase Global    rises 1.9%, while Blockchain farm operator Bitfarms Ltd    up 2.1% premarket</p><p>   ** Crypto miners: <a href=\"https://laohu8.com/S/RIOT\">Riot Platforms</a> Inc   , Mara Holdings</p><p> , U.S.-listed shares of Hut 8   , and Bit Digital</p><p>  up 1.7%-3%</p><p>   ** Software firm and BTC buyer MicroStrategy    gains 2% </p><p>   ** ProShares Bitcoin Strategy ETF    adds 1.5%</p><p>   ** BTC has risen 61% YTD compared with a 39.3% increase in the MVIS CryptoCompare Digital Assets 100 Index   </p><p> (Reporting by Johann M Cherian in Bengaluru)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4539","symbol_name":"次新股","start_time":0,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2476612235","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2476612235","pubTimestamp":1729254295,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"** Shares of cryptocurrency and blockchain-related companies rise as world's most valuable cryptocurrency, bitcoin, hovers at levels seen over two months ago   ** Bitcoin    rises 1.2% to $62,400 and set to end the week up 8.7% - 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its biggest weekly jump in over one month   ** Some analysts point BTC impacted by increasing chances of Republican Donald Trump winning Nov. 5 U.S. elections, who has positioned himself as a pro-bitcoin candidate    ** Odds of Trump winning the race as per PredictIt, an online prediction marketplace, stand at 55 cents, compared with rival Kamala Harris' chances at 47 cents   ** Ether    prices also rise 1% to $2,623   ** Crypto exchange Coinbase Global    rises 1.9%, while Blockchain farm operator Bitfarms Ltd    up 2.1% premarket   ** Crypto miners: Riot Platforms Inc   , Mara Holdings , U.S.-listed shares of Hut 8   , and Bit Digital  up 1.7%-3%   ** Software firm and BTC buyer MicroStrategy    gains 2%    ** ProShares Bitcoin Strategy ETF    adds 1.5%   ** BTC has risen 61% YTD compared with a 39.3% increase in the MVIS CryptoCompare Digital Assets 100 Index    (Reporting by Johann M Cherian in Bengaluru)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}