Bitcoin, Ether and Crypto Stocks Move Higher

Bitcoin, ether and several crypto stocks rose Friday on fresh expectations that U.S. regulators will soon allow exchange-traded funds that directly hold the two largest cryptocurrencies to launch.

Bitcoin was up more than 2% over the past 24 hours as of late Friday morning at $37,349, according to CoinDesk, while ether gained more than 5% to $2,100.

Crypto stocks also rose. MicroStrategy, a software intelligence firm that holds more than 150,000 bitcoin, was up about 3%. The stock, which has soared 260% this year, is on pace for its best year since 1999, according to Dow Jones Market Data.

https://www.wsj.com/livecoverage/stock-market-today-dow-jones-11-10-2023/card/bitcoin-ether-and-crypto-stocks-move-higher-8rvHkQHlQytQFLRACvfv

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