U.S. cryptocurrency-related stocks experienced a significant surge, with Hut 8 leading the charge by rising 35.31% at the close of U.S. markets. Other notable gainers included Riot Platforms, which increased by 16.46%, Bit Digital up 7.82%, MARA Holdings rising 7.15%, and Circle gaining 6.66%.
This rally in crypto stocks coincided with broader market gains, as the Dow Jones Industrial Average rose 1.24%, the S&P 500 increased 1.46%, and the Nasdaq Composite gained 2.02%. The VIX volatility index saw a slight uptick of 0.06%. The data was reported by msx.com, a decentralized RWA trading platform that lists tokens backed by major U.S. equities and ETFs.
U.S. Crypto Stocks Rally, Hut 8 Soars Over 35%
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