Major crypto-related stocks rise; Silvergate leading with 25%

The top 12 crypto-related stocks recorded increases in the past 24 hours, and crypto bank Silvergate Capital (SL) recorded the highest spike with over 25% to reach $21.83 at the time of writing.

Marathon Digital (MARA) and  Coinbase (COIN) followed Silvergate’s lead by recording the second-largest increase, over 13% each. At the time of writing, Marathon Digital stocks are traded for around $7.65, while Coinbase stocks linger at approximately $66.88.

Bitcoin mining company Riot (RIOT) was placed third in the ranking. The company’s stock price exceeded $6.50, marking an increase of over 11.20% in the last 24 hours.

8-9% increase

BitDigital (BTBT) and Core Scientific (CORZQ) stock prices surpassed $1.50 and $0.30, respectively, which marks over 9% increase for each stock.

On the other hand, Hut Mining (HUT) recorded an 8.89% spike to reach $1.94 per share.

5-6% increase

SoFi (SOFI) shares reached $7.20, marking a 6.75% increase per stock, while Microstrategy (MSTR) and Robinhood (HOOD) recorded over 5% increases each. As a result, Microstrategy shares rose over $287.35, while Robinhood’s exceeded $10.50.

4% and below

HIVE Blockchain (HIVE) appeared at the bottom section of the list by increasing by 4.33%, which pushed the stock prices up to $3.42.

Finally, CME Group (CME) recorded a slight increase at.50%, seeing over $187.3 per share.

The post Major crypto-related stocks rise; Silvergate leading with 25% appeared first on CryptoSlate.