UWMC - Silvergate Marathon Digital lead financial gainers this week as bitcoins shines

In a week where the price of bitcoin (BTC-USD) jumped ~13%, two crypto-linked companies led this week's financial gainers. Bringing up the rear, are a couple of fintech companies, two Chilean banks, and a mortgage wholesaler. Financial stocks (with market cap over $2B) making the biggest gains for the week ended Oct. 8 were led off by Silvergate Capital (NYSE:SI), up 27%, which has a platform that facilitates the transfer of U.S. dollars between its digital currency customers. Rounding out the top five gainers are: Bitcoin miner, Marathon Digital (NASDAQ:MARA), up 19%; Goosehead Insurance (NASDAQ:GSHD), +14%, which launched a digital agent platform in August; Lima, Peru-based Credicorp (NYSE:BAP), +12%; and Electronic brokerage Interactive Brokers Group (NASDAQ:IBKR), +11%. The stocks declining the most for the week are: CorVel (NASDAQ:CRVL), a company that applies artificial intelligence and machine learning to the insurance sector, dropped 9.5% for the week; Chilean bank Itau Corpbanca (NYSE:ITCB),-8.7%; during the week, the Chilean peso

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Silvergate, Marathon Digital lead financial gainers this week as bitcoins shines