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Bitcoin and Crypto Related Stocks Rally

Coinbase and Circle shot up about 10% on Wednesday morning

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  • Written by  Banking Exchange staff
 
 
Bitcoin and Crypto Related Stocks Rally

Bitcoin rallied back by 7% on Wednesday as the digital currency rose back over $70,000 on Wednesday.

President Trump made positive comments about supporting the Genius Act that not only boosted digital currency but also the stocks focused on cryptocurrency.

He wrote, “The Genius Act is being threatened and undermined by the Banks, and that is unacceptable."

"They need to make a good deal with the Crypto Industry because that’s what’s in the best interest of the American People.”

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