Why Bitcoin-Related And Ethereum-Related Stocks Are Moving Today

Shares of crypto-related stocks, including Marathon Digital Holdings Inc (NASDAQ: MARA), Riot Blockchain Inc RIOT and Coinbase Global Inc COIN are trading higher amid an increase in the price of Bitcoin BTC/USD and Ethereum ETH/USD.

Bitcoin is trading higher by 5% at around $45,700 Monday morning.

Ethereum is trading higher by 6.4% at around $3,100 Monday morning.

Marathon Digital focuses on mining digital assets. It owns crypto-currency mining machines and a data center to mine digital assets. The company operates in the digital currency blockchain segment and its cryptocurrency machines are located in Canada.

Marathon Digital is trading higher by 7.9% at $36.95.

Riot Blockchain is focused on building, supporting and operating blockchain technologies. The company's portfolio consists of Verady, Tesspay, Coinsquare and others.

Riot Blockchain is trading higher by 6.8% at $37.34.

Coinbase is a provider of end-to-end financial infrastructure and technology for the crypto-economy. 

Coinbase is trading higher by 3.7% at $267.75.

See also: How to Buy Bitcoin (BTC)