Crypto Companies' Shares Rise as Bitcoin Rebounds
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By Nicholas G. Miller
Shares of cryptocurrency companies rose Wednesday after the price of bitcoin rebounded following a slide prompted by the beginning of the conflict in the Middle East.
Coinbase Global jumped 12%. Strategy gained 9.4%. Robinhood Markets rose 6.4%. Circle Internet Group increased 4.9%.
Bitcoin rallied to about $71,800 early Wednesday, a jump of more than 5% from Tuesday afternoon.
Bitcoin originally slid to roughly $63,000 after the U.S. and Israel attacked Iran. Crypto companies also had fallen following the beginning of the conflict.
Write to Nicholas G. Miller at nicholas.miller@wsj.com.
source: https://www.tradingview.com/news/DJN_DN20260304006114:0-crypto-companies-shares-rise-as-bitcoin-rebounds/
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