Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
At 10:30 am, the Dow rose 0.29 percent to 18,172.01, the broader Standard & Poor's 500 index moved up 0.25 percent to 2,144.43 and the NASDAQ composite index gained 0.22 percent to 5,246.63.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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The industries that are driving the market today are:
- Nonmetallic Mineral Mining: This industry gained 1.7 percent by 10:30 am. The top stock within the industry was Yanzhou Coal Mining Co Ltd (ADR) (NYSE: YZC), which gained 4.1 percent. Yanzhou Coal shares have surged 23.53 percent over the past 52 weeks, while the S&P 500 index has gained 8.75 percent in the same period.
- Beverages - Soft Drinks: This industry rose 1.5 percent by 10:30 am ET. The top performer in this industry was Reed's, Inc. (NYSE: REED), which gained 2.5 percent. Reed's shares have declined 34.84 percent over the past 52 weeks, while the S&P 500 index has increased 8.75 percent in the same period.
- Housewares & Accessories: The industry gained 0.9 percent by 10:30 am. The top performer in this industry was Clorox Co (NYSE: CLX), which gained 1.4 percent. Clorox launched a new corporate website.
- Diversified Communication Services: This industry moved up 0.9 percent by 10:30 am. The top performer in this industry was B Communications Ltd (NASDAQ: BCOM), which rose 2.4 percent. Chardan Capital upgraded B Communications from Hold to Buy.