Strategy Rockets 13%, Bitmine Immersion Technologies Rallies 13%, Coinbase Jumps 11% as Bitcoin Surges Past $68,000
Strategy, Bitmine and Coinbase posted their biggest one-day gains of the summer as Bitcoin rose 6% in 24 hours, traders said.
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Strategy Rockets 13%, Bitmine Immersion Technologies Rallies 13%, Coinbase Jumps 11% as Bitcoin Surges Past $68,000
Bitcoin just broke above $68,000 for the first time in months, sparking a furious single-day surge across crypto equities, but the companies leading the charge are still nursing brutal year-to-date losses that raise the question of whether this rally signals a real turning point or just a violent short squeeze.
The strategy share MSTR also benefits from the crypto rally. Michael Saylor is happy, but the next trouble is already threatening. Source: BTC-ECHO BTC-ECHO
The information provided in this article is for informational purposes only and does not constitute financial advice. Investments in cryptocurrencies are associated with a high risk. Bitcoin jumped by up to 8 percent on August 19th, but the actual outlier of the day stood at Nasdaq: According to 24/7 Wall St., the Coinbase share (COIN) increased about 11 percent; only the unequally volatile Bitcoin treasury values such as Strategy and Bitmine ga…
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