BiyaPay Analyst: Bitcoin and Ethereum Approach Yearly Highs, Boosting US Stock Market "BitStock" Concept Stocks in Overnight Trading
BlockBeats News, August 11th. According to BiyaPay analysts, during the after-hours trading of the US stock market on August 11th, the "Coin Stock" concept stocks continued to surge, with multiple cryptocurrency-related concept stocks showing strong performance. Ethereum-related stocks: SharpLink Gaming rose over 15%, BitMine rose over 20%, BTCS rose over 10%, GameSquare rose over 12%; BNB-related stocks: Nano Labs rose over 20%, BNC rose over 4%; XRP-related stocks: VivoPower rose over 16%; DOGE-related stocks: Bit Origin rose nearly 15%.
BiyaPay analysts pointed out that this series of gains was due to the continued bullish factors in the cryptocurrency market, especially the performance of Bitcoin and Ethereum approaching yearly highs, attracting a large number of investors' attention and further driving up the prices of cryptocurrency-related stocks.
In such a market environment, the BiyaPay platform provides users with more investment options, supporting USDT trading of US and Hong Kong stocks. Users can participate in global stock trading in real time without applying for an offshore account, easily crossing the boundaries between the cryptocurrency and stock markets. This enables investors to more flexibly switch between digital assets and the traditional stock market, seizing more investment opportunities.
You may also like

The U.S. government prohibits foreigners from using Fable 5, Anthropic issues a rebuttal

The other side of Musk's trillion-dollar fortune: 85% cannot be sold

Citibank releases "2030 Asset Tokenization Market Outlook": 6 major trends may create a $8.2 trillion market

The trillion-dollar valuation test: Are the three major super IPOs a celebration for tech stocks or a nightmare for the crypto market?

Morning Report | Digital Asset completes $355 million financing led by a16z Crypto; Meta completes operational separation from Manus

a16z Crypto Partner: Cash flow is the moat

Cryptocurrency market makers collectively seek change as it becomes increasingly difficult to make money

How TradeXYZ, xStocks, and Alpaca break down the SpaceX IPO into three different strategies

$75 billion in risk asset redistribution: How will SpaceX's IPO affect U.S. stocks and Bitcoin?

Why Is BlackRock Investing $5 Billion in the SpaceX IPO?

Morning News | CME Group launches Nasdaq Cryptocurrency Index futures; Asset management giant Janus Henderson strategically invests in Ethena

Bitcoin Layer 2 Network Botanix: Why Did We Choose to Dissolve?

Why did Oracle deliver the strongest financial report in history, yet its stock price fell?

When the P2P illicit funds from ten years ago turned into 60,000 bitcoins

Dialogue with OmenX Founder: Why does the prediction market need an evolution from "spot" to "derivatives"?

Galaxy in-depth report: Is Solana still worth paying attention to?

Young people in South Korea make a "final effort" in the epic bull market

