Bitcoin Surges Past $72K, Igniting Crypto Stocks and ETF Inflows
TL;DR Summary
U.S. crypto-related stocks, including Coinbase, MicroStrategy, and BlackRock's bitcoin exchange-traded fund, saw gains as bitcoin surpassed $72,000 for the first time since March ahead of its upcoming reward halving on April 20. The CoinDesk 20 Index, reflecting the broader crypto market, also rose 3.1% over 24 hours. As a result, companies like Marathon Digital, Hut 8, and Argo Blockchain experienced stock increases, indicating a positive start to the week for the crypto market.
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