Cryptocurrency Concept Stocks Rally Broadly; BTCT Jumps Over 93%, ETHU Rises 18%, CONL Gains 16%

Tiger Newspress08-20 19:23

Cryptocurrency concept stocks rallied broadly in pre-market trading on Thursday, with BTC Digital soaring more than 93%, Volatility Shares 2x Ether ETF climbing over 18%, and GraniteShares 2x Long COIN Daily ETF advancing nearly 16%.

On the news front, U.S. President Donald Trump on Wednesday called on Congress to pass a bill that would bring clearer definitions to the growing cryptocurrency ​sector, a top priority for industry executives who had gathered for an event at the ‌White House with the president.

On the individual stock front, Strategy rose more than 10%, Coinbase Global, Inc. gained over 7%, Circle Internet Corp. advanced more than 6%, Robinhood climbed over 5%, and MARA Holdings increased more than 4%.

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