Bitcoin, Ether and Crypto Stocks Move Higher

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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