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Crypto stocks rise following bitcoin bounce

ReutersApr 8, 2025 12:35 PM

Cryptocurrency and blockchain-related stocks rise before the bell as bitcoin rebounds along with markets

Bitcoin BTC=, world's biggest cryptocurrency, up 1.3% to $79,910 after hitting new 2025 low on Mon of about $74,446. Ether ETH= up 0.6% to $1,579.45

Equity futures rising on Tues on hopes of tariff talks, following a brutal selloff in which investors dashed for safe havens .N

Crypto exchange Coinbase Global COIN.O up 3%, notable bitcoin compiler Strategy MSTR.O advances 3% premarket

Retail trading platform Robinhood HOOD.O up nearly 4%

Crypto miners gain: Riot Platforms RIOT.O ~4%, Mara Holdings MARA.O 4%, Cleanspark CLSK.O 3%, Bit Digital BTBT.O 2.5%

ProShares Bitcoin Strategy ETF BITO.P and iShares Bitcoin Trust ETF IBIT.O both up >2% premarket

BTC off ~16% YTD so far

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