Crypto-linked shares climb as bitcoin rises about 2%
IBIT•Bitcoin rose 2.1% to $86,376.5 for a fourth straight session, while ether gained 1.9% to $2,749.3. Crypto-linked shares advanced, including Coinbase Global, up 2.9%, and Strategy, up 3.1%.
1. Crypto shares advance
US-listed cryptocurrency and blockchain-related shares rose as bitcoin and ether advanced. Robinhood Markets gained 1.8%, Riot Platforms rose 2.2%, Mara Holdings added 2.7%, and Circle Internet gained 2.5%; the ProShares Bitcoin Strategy ETF added 2.1% and the iShares Bitcoin Trust ETF rose 2%.
