Crypto stocks advance as Trump urges Congress to pass crypto bill

Cryptocurrency and blockchain-related companies rose in premarket trading after Trump on Wednesday called on Congress to pass a crypto bill.

• Bitcoin BTC= , the world's biggest cryptocurrency, was up 4% at $71,843.66, its highest level since June.
• Ether ETH= rose 3.3% to $2,292.31, its highest in over three months.
• Crypto exchange Coinbase Global COIN.O rose 6.9%, while BTC bull Strategy MSTR.O gained 9.3%.
• Crypto miners Riot Platforms RIOT.O, MARA Holdings MARA.O, Hut 8 HUT.O, and Bit Digital BTBT.O were up 4.3%-7.9%.
• BTC mining machine maker Canaan CAN.O was up 22.8%, stablecoin issuer Circle CRCL.N gained 5.9%, and retail trading platform Robinhood Markets HOOD.O jumped 4.9%.
• Ether-linked Bitmine Immersion Technologies BMNR.A and Sharplink Gaming SBET.O jumped over 8%.
• ProShares Bitcoin Strategy ETF and iShares Bitcoin Trust ETF were up 4.7%, while iShares Ethereum Trust ETF rose 8.7%.