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home / news releases / HIVE - Blockchain stocks rising as Bitcoin continues climb


HIVE - Blockchain stocks rising as Bitcoin continues climb

As Bitcoin ([[BTC-USD]], +4.5%) hits new multiyear highs, crossing above $13.6K intraday, crypto plays are joining the rally.Marathon Patent Group ([[MARA]], +9%), Riot Blockchain ([[RIOT]], +4.7%) and HIVE Blockchain Technologies ([[HIVE]], +6.3%) are all gaining.Overstock ([[OSTK]], +2%) is also higher.Overstock shares are facing some technical pressure. After failing at a challenge of its 50-day simple moving average on Oct. 8, it's now almost 15% below that level. It's now about 7% above the 100-day SMA.Meanwhile, JPMorgan is launching its own blockchain unit.

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Blockchain stocks rising as Bitcoin continues climb
Stock Information

Company Name: HIVE Blockchain Technologies Ltd
Stock Symbol: HIVE
Market: NYSE
Website: hivedigitaltechnologies.com

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