2023-7-3 19:17 |
Quick Take In a noteworthy development, Bitcoin has surged past the $31,000 mark. However, in stark contrast, both the Nasdaq and the S&P 500 indexes remained relatively unchanged, further emphasizing Bitcoin’s apparent negative correlation with traditional equity markets. In addition, companies heavily invested in Bitcoin have also seen a significant uptick. MicroStrategy and Coinbase, both prominent players in the digital currency market, have experienced a 10% increase in their respective stock prices. Meanwhile, Bitcoin mining stocks are enjoying a particularly successful period, with significant double-digit gains. Notable gainers in this sector include companies like IREN, MARA, and RIOT. Stocks: (Source: TV)
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