tl;dr
The rise of Bitcoin (BTC-USD) over the past year stands at a remarkable 157% and nearly 63% so far this year. The leading cryptocurrency reached above $72,000 on Monday; just after a week, it had touched around the $65,000 level. Bitcoin is currently changing hands at about $72,140, with market capi...
The rise of Bitcoin (BTC-USD) over the past year stands at a remarkable 157% and nearly 63% so far this year. The leading cryptocurrency reached above $72,000 on Monday; just after a week, it had touched around the $65,000 level. Bitcoin is currently changing hands at about $72,140, with market capitalization rising to about $1.42 trillion. Cryptocurrencies are expected to be in the spotlight for some time due to the halving event, which is soon approaching. After every four years, new token issuance goes down by half during this event. Previously, halving events were associated with bitcoin price gains. Positive momentum isn’t limited to Bitcoin alone; other digital tokens also recorded significant gains. Ether (ETH-USD) increased by 6.4% to $3,608, while Cardano (ADA-USD) rose 2.44% and Solana (SOL-USD) rose by 1%. Even smaller tokens referred to as meme coins registered gains too; Dogecoin (DOGE-USD) jumped up by almost 5%, and Shiba Inu (SHIB-USD) gained around 3.2%. The spike in bitcoin's price has also had an impact on crypto-related stocks. Coinbase Global (NASDAQ:COIN) rose by 5%, Riot Blockchain (NASDAQ:RIOT) climbed 5.9%, Marathon Digital Holdings (NASDAQ:MARA) was up 7.6%, Hut 8 Mining (NASDAQ:HUT) gained 5.8%, Cleanspark (NASDAQ:CLSK) jumped by 7.4%, MicroStrategy Incorporated (NASDAQ:MSTR) surged 12.2%, Cipher Mining (NASDAQ:CIFR) saw an 8% increase, Stronghold Digital Mining (NASDAQ:SDIG) rose by 2.3%, Bitdeer Technologies Holding Company (NASDAQ:BTDR) climbed 3.4%, and Bakkt Holdings (NYSE:BKKT) rose 6%.
More about Coinbase Global Inc
Company: Coinbase Global Inc
Description: Coinbase Global, Inc. provides financial infrastructure and technology for the crypto economy. The company is headquartered in Wilmington, Delaware.
Sector: FINANCE
Industry: FINANCE SERVICES
Market Cap: 61966680000
Stock Price: 710.47
Dividend Yield: None
P/E Ratio: 0.36
EPS: 12.41
ROE: 0.0324
Volume: 2926556000
52-Week High: 211.36
52-Week Low: 3.27
Price to Book: 0.494
More about Riot Blockchain Inc
Riot Blockchain Inc, Riot Blockchain, Inc., focuses on the cryptocurrency mining operation in North America. The company is headquartered in Castle Rock, Colorado.
Sector: LIFE SCIENCES
Industry: IN VITRO & IN VIVO DIAGNOSTIC SUBSTANCES
Market Cap: 2586087000
Dividend Yield: None
Beta (5Y Monthly): None
EPS: -0.28
Revenue: 1.604
Net Income: -0.176
Shares Outstanding: 280678000
PE Ratio: 20.04
Forward PE 1: 2.333
Forward PE 2: 0.31
More about Marathon Digital Holdings Inc
Marathon Digital Holdings Inc Summary Marathon Digital Holdings Inc
Marathon Digital Holdings, Inc. is a cryptocurrency mining digital asset technology company with a focus on the blockchain ecosystem and digital asset generation in the United States. The company is headquartered in Las Vegas, Nevada.
Industry Information:
Industry: Real Estate & Construction
Sub-Industry: Patent Owners & Lessors
Financial Data:
Market Cap: 4889783000
Price/Earnings (P/E) Ratio: 17.24
Dividend Yield: None
EPS: 1.06
ROI: 2.108
Beta: 0.674
Volume: 387508000
Stock Price: 26.5
Dividend Rate: 0
Payout Ratio: 4.517
More about Hut 8 Corp. Common Stock
Stock Market Analysis: Hut 8 Corp. Common Stock
Industry: Finance
Sector: Finance Services
Volume: 62,776,000
Current Price: $14.23
Relative Strength Index (RSI): 1.405
Moving Averages: -0.78
Bollinger Bands: -1.106
Price Change: 0.516
Support Level: -0.422
More about CleanSpark Inc
CleanSpark Inc Summary
CleanSpark, Inc. provides energy software and control technology solutions worldwide. The company is headquartered in Woods Cross, Utah.
Sector: Real Estate & Construction
Market Cap: 3018510000
Dividend Yield: None
EPS: -0.69
PE Ratio: 1.639
ROE: -0.381
Volume: 214375000
50-Day Moving Average: 25
200-Day Moving Average: 0
Relative Strength Index (RSI): 1.652
More about MicroStrategy Incorporated
MicroStrategy Incorporated Analysis Summary MicroStrategy Incorporated Analysis Summary
MicroStrategy Incorporated provides global business analysis software and services. The company is headquartered in Tysons Corner, Virginia.
Sector: TECHNOLOGY
Industry: SERVICES-PREPACKAGED SOFTWARE
Market Cap: 24.42B
Current Price: $54.43
Dividend Yield: None
52 Week High: $136.14
52 Week Low: $26.44
Price/Earnings Ratio: 36.3
Price/Book Ratio: 0.865
Shares Outstanding: 49.6261M
Market Cap (intraday): 11.44B
Beta: -0.775
EPS: -0.061
More about Cipher Mining Inc
Cipher Mining Inc.
Cipher Mining Inc. is a bitcoin mining company. The company is headquartered in Houston, Texas.
Sector: REAL ESTATE & CONSTRUCTION
Industry: BLANK CHECKS
Market Cap: 1200797000
Dividend Yield: None
EPS: -0.1
P/E Ratio: 0.502
ROE: -0.203
Volume: 126842000
Relative Volume: 5
Beta: 0
Volatility: 13.3
More about Stronghold Digital Mining Inc
Stronghold Digital Mining Inc Summary Stronghold Digital Mining Inc
Stronghold Digital Mining, Inc., a crypto asset mining company, focuses on mining Bitcoin in the United States. The company is headquartered in New York, New York.
Industry
TECHNOLOGY
Sector
SERVICES-COMPUTER PROCESSING & DATA PREPARATION
NAICS Code
45081200
Previous Close
-7.46
Change
10.99
Change Percentage
-0.952
Volume
74966000
Market Cap
12.33
Dividend Yield
0
Price to Earnings Ratio
-0.121
More about Bitdeer Technologies Group Class A Ordinary Shares
Bitdeer Technologies Group Class A Ordinary Shares Summary
Bitdeer Technologies Group is a technology company for the cryptocurrency mining community. The company is headquartered in Singapore.
Sector: FINANCE
Industry: FINANCE SERVICES
Market Cap: 820405000
Dividend Yield: None
Beta: None
Price/Earnings Ratio: -0.51
EPS: 3.336
Profit Margin: -0.154
Revenue: 368554000
Operating Margin: 13.67
Return on Assets: 0
Return on Equity: 0.489
More about Bakkt Holdings Inc
Bakkt Holdings Inc. Market Analysis
Sector: Technology
Industry: Services - Prepackaged Software
Market Cap: $59,830,000
Price/Earnings Ratio: N/A
Earnings Per Share (EPS): -$0.84
Price/Book Ratio: 8.76
Earnings Yield: -9.6%
Market Volume: 780,136,000
Price/Sales Ratio: 0.68
Dividend Yield: 0%
52-Week High/Low: $12.48
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