Bitcoin has experienced a 4.3% increase in the last 24 hours, reaching a five-month high. This surge has been supported by $417 million in spot ETF inflows. Despite this, most crypto-related stocks are seeing minor gains, with MicroStrategy up just 0.9% and Coinbase up 1.2%. However, Bitfarms has outperformed its competitors with a 5.3% increase, potentially influenced by the nomination of Andrew Chang, a former COO of Paxos, for its board of directors.
- Content Editor ( coindesk.com )
- 2024-10-29
Crypto Stocks MicroStrategy, Coinbase and Marathon Post Just Modest Gains as Bitcoin Eyes Record High