Close

Crypto stocks leap as Bitcoin (BTC) crosses $47,000

February 9, 2024 8:11 AM EST

For the first time in almost a month, Bitcoin (BTC) crossed above the $47,000 mark on Friday, pushing crypto-related stocks into the green ahead of the stock market open.

The leading cryptocurrency rose 4.5% in the past 24 hours, sitting at around $47,300 at the time of writing.

As for the cryptocurrency stocks, CleanSpark (NASDAQ: CLSK) led the gains, soaring more than 22% in premarket trading. The jump came after the Bitcoin miner closed 12.8% higher on Thursday, boosted by a strong FQ1 earnings report.

Other crypto mining companies Riot Platforms (NASDAQ: RIOT) and Marathon Digital (NASDAQ: MARA) also took off, surging around 9.2% and 10.7% respectively.

Meanwhile, crypto exchange Coinbase (NASDAQ: COIN) advanced more than 6%, while Michael Saylor’s MicroStrategy (NASDAQ: MSTR) rose 6.6%.

By Vahid Karaahmetovic



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Cryptocurrency, Hot List, Momentum Movers, Trader Talk

Related Entities

Earnings, Bitcoin, Vahid Karaahmetovic