RIOT - Crypto stocks rally as Bitcoin pushes further above $35000

peshkov/iStock via Getty Images Shares of crypto-linked stocks are on the move higher as Bitcoin (BTC-USD) +3.2% moves above $36K, back to around levels last seen in the middle of the month. Grayscale Bitcoin Trust (GBTC) +5.5%, Coinbase (COIN) +2.5%, Marathon Digital (MARA) +7.4%, MicroStrategy (MSTR) +8.2%, The Crypto Company (CRCW) +2.6% and Riot Blockchain (RIOT) +5.3% are all rallying. Bitcoin hit a six-month low last week. Today Deutsche Boerse revealed it will take a majority stake in Switzerland's Crypto Finance. Yesterday, Federal Reserve Vice Chairman Randal Quarles expressed skepticism about the need for a central bank digital currency, but sound more favorable toward stablecoins. He also likened Bitcoin to gold without its industrial uses and aesthetic attributes, with the chief attractions being novelty and anonymity. "Gold will always glitter, but novelty, by definition, fades. Bitcoin and its ilk will, accordingly, almost certainly remain a risky and speculative investment rather than a revolutionary means of payment, and they are therefore

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Crypto stocks rally as Bitcoin pushes further above $35,000