Altcoins

Crypto stocks gain after Bitcoin reclaims $65,000 level, altcoins follow suit

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Several cryptocurrency-related stocks post significant gains: MicroStrategy Incorporated (NASDAQ:MSTR) jumped 10%, Marathon Digital Holdings (NASDAQ:MARA) rose 8%, and both Cipher Mining (NASDAQ:CIFR) and CleanSpark (NASDAQ:CLSK) experienced respective increases of 8% and 7%. Riot Blockchain (NASDAQ:RIOT) and Bitfarms (NASDAQ:BITF) climbed 5% each, Hut 8 Mining (NASDAQ:HUT) gained 5.2%, Coinbase Global (NASDAQ:PIECE OF MONEY) and Hive Digital (NASDAQ:HIVE) rose 3%, Stronghold Digital Mining (NASDAQ:SDIG) saw an increase of 2.7%, and Bakkt Holdings (NYSE:BKKT) increased by 3.4%.

Along with the rise of Bitcoin, other major cryptocurrencies have also seen positive momentum. Ethereum (ETH-USD) rose 1.85% to $3,202.54, while Solana (SOL-USD) jumped 6.61% to $155.41. XRP (XRP-USD) recorded a gain of 2.4%, reaching $0.54, and that of Cardano (ADA-USD) the price increased by 2.71% to $0.47.

The Dogecoin meme coin (DOGE-USD) also posted gains, increasing 4.30% to $0.17. His rival, Shiba Inu (SHIB-USD), was up 3.28% and trading at $0.000026.

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