Cryptocurrency Prices See Significant Surge on Wednesday
Cryptocurrencies experienced a significant increase in value on Wednesday, following the release of strong earnings from Circle Internet Group.
The company's revenue surge of 77% was a major catalyst for the rally, with its stock skyrocketing 28% as a result. This positive sentiment then spilled over to other crypto-related stocks, including Interactive Brokers and SoFi, which rose by 1.9% and 3.7%, respectively.
BTC and ETH were among the top gainers, with Bitcoin rising 7.09% to $68,606.117 and Ethereum gaining 11.69% at $2,068.5566. Other notable performers included MARA Holdings, which rose 8.5%, and Bit Digital, which gained 5.4%. Coinbase led the rally in terms of percentage increase.