Shares of cryptocurrency-related stocks, including Coinbase Global, Inc. COIN and Bakkt Holdings, Inc. BKKT, are both trading higher in sympathy with the price of Bitcoin BTC/USD and Ethereum ETH/USD.
At publication time, Bitcoin was up 3.7% over a 24-hour period at $42,667 and Ethereum was up 2.2% at $3,011.
Coinbase Global, Inc. provides financial infrastructure and technology for the crypto-economy in the United States and internationally.
Coinbase shares were trading about 6.2% higher at $187.84 per share on Tuesday at the time of publication.
Bakkt Holdings, Inc. operates a digital asset platform. Its platform enables consumers to buy, sell, store, and spend digital assets.
Bakkt shares were trading about 22.2% higher at $7.06 per share.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
