Summary
- It said crypto-related stocks rose across the board as US trading opened.
- It said crypto-related shares moved higher together, with Coinbase up 4.12%% and Robinhood up 6.38%%.
- It said continued inflows into related stocks are being driven by a rebound in crypto prices and a recovery in appetite for risk assets.
Forecast Trend Report by Period
Crypto-related stocks rose across the board as US trading opened.
Odaily, a US media outlet focused on digital assets, reported that shortly after the open on June 14, the Dow Jones Industrial Average was up 0.07%, the S&P 500 gained 0.31%, and the Nasdaq advanced 0.73%.
Crypto-related shares also traded higher. Circle rose 3.31%, Coinbase gained 4.12%, Robinhood climbed 6.38%, and Strategy added 4.18%.
The market sees continued inflows into crypto-related stocks as digital-asset prices rebound, with the recovery in risk appetite also reflected in share prices.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
