© Reuters Crypto Stocks Rise as Bitcoin (BTC) Crosses $47,000
Investing.com – For the first time in almost a month, Bitcoin (BTC) surpassed the $47,000 mark on Friday, driving cryptocurrency-related stocks into the green ahead of the stock market open.
The leading cryptocurrency is up 4.5% in the last 24 hours, standing at around $47,300 at the time of writing.
As for cryptocurrency stocks, clean spark (NASDAQ:) led the gains, soaring more than 22% in pre-market trading. The jump came after the Bitcoin miner closed up 12.8% on Thursday, boosted by a strong first-quarter earnings report.
Other crypto mining companies, Riot Platforms (NASDAQ 🙂 and Marathon Digital (NASDAQ 🙂) also took off, rising around 9.2% and 10.7% respectively.
Meanwhile, cryptocurrency exchange Coinbase (NASDAQ 🙂 advanced more than 6%, while Michael Saylor's MicroStrategy (MSTR) rose 6.6%.
