Business

Bitcoin, Crypto Stocks Waver on First Spot Bitcoin ETF Trading Day


Bitcoin and crypto stocks are mixed after rising in tandem to start Thursday, the first trading day of U.S. exchange-traded funds holding the largest digital currency.

Bitcoin rose 4% in the past 24 hours to $47,167 Thursday morning after initially surging to about $49,000, according to CoinDesk. Ether, the second-largest cryptocurrency by market value, jumped 7% to $2,617.

Crypto exchange Coinbase Global, which serves as the bitcoin custodian for eight of the 11 funds, fell 4%. MicroStrategy, a bitcoin-buying software intelligence firm, was down 4%.

news7f

News7F: Update the world's latest breaking news online of the day, breaking news, politics, society today, international mainstream news .Updated news 24/7: Entertainment, Sports...at the World everyday world. Hot news, images, video clips that are updated quickly and reliably

Related Articles

Back to top button