Crypto Stocks Rally as Bitcoin Tops $80K Ahead of Fed Speech

Price ActionDigital Finance
โดย Seeking Alpha·US·Read original
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Crypto stocks are surging on Thursday as Bitcoin pushes back above $80,000, with gains spreading across miners, exchanges, and companies with digital asset exposure. Bitcoin is up about 1.60% to roughly $80,000, having risen 16% over the past week and 26% over the past month. Ethereum, XRP, and Solana also advanced, with Solana climbing 6.41% to about $108.63. Among stocks, Strategy jumped 12.54% to $138.64, Coinbase Global rose 5.63% to $192.01, and MARA Holdings gained 6.91% to $12.00. U.S. spot crypto ETFs saw net inflows of $232.12 million for Bitcoin and $192.35 million for Ethereum on August 26, adding to positive sentiment. Attention now turns to the Federal Reserve's Jackson Hole event, where Fed Chair Kevin Warsh is scheduled to speak Friday, with analysts saying a dovish tone could further boost the digital asset market.

Impact on stocks 15

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