Shares of This Company Rising Along with Bitcoin Price

Today’s increase in Bitcoin price also added value to the shares of companies related to the cryptocurrency industry.

According to TradingView data, Bitcoin gained more than 3% on a daily basis. Not seen since April 2022 reached levels.

Meanwhile, cryptocurrency exchange Coinbase (COIN), software company MicroStrategy (MSTR), Bitcoin miners Marathon Digital (MARA) and Riot Blockchain (RIOT) gained value. In pre-market transactions, COIN increased by 5.34%, MSTR increased by 8.77%, MARA increased by 11%, and RIOT increased by 9.31%.

Market watchers are waiting for the decision of the Securities and Exchange Commission (SEC) in the USA regarding spot Bitcoin ETFs. Institutional investors are already getting into position for the second week of January started.

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