Coinbase and Hut 8 stocks rise as Bitcoin approaches $70,000

  • Bitcoin has risen by 9% over the week, approaching the $70,000 mark.
  • Ethereum and Solana have also increased their value by 8.3% and 7.2%, respectively.
  • Cryptocurrency stocks, including Hut 8, Hive Digital, and Riot Platforms, have grown by 7-15%.
  • Shares of Coinbase have increased by nearly 8%, while MicroStrategy has risen by more than 11%.

The price of bitcoin is showing the best results in recent weeks, aiming for the $70,000 mark. Following this, cryptocurrency stocks of companies like Coinbase and Hut 8 are also demonstrating significant growth.

Major banks such as JPMorgan and Morgan Stanley have reported positive quarterly results, which has also contributed to the overall market growth.