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Benzinga

Business

Henry Khederian

Why Bitcoin- And Ethereum-Related Stocks Are Rising

Nasdaq CAN Bit Digital Canaan Riot Blockchain

Shares of crypto-related stocks, including Bit Digital Inc (NASDAQ:BTBT), Canaan Inc - ADR (NASDAQ:CAN) and Riot Blockchain Inc (NASDAQ:RIOT), are all trading higher Friday afternoon amid an increase in the price of Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH).

Bitcoin is trading 3.0% higher Friday afternoon at around $41,750.

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