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Crypto-related stock actions, including Marathon Digital Holdings Inc (NASDAQ: MARA) Blockchain Riot Inc (NASDAQ: RIOT) and Coinbase Global, Inc. (NASDAQ: COIN) are trading higher amid rising price of Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH).
Bitcoin is trading 8.8% higher at around $ 47,300 on Friday morning.
Ethereum is trading up 7.8% at around $ 3,230 on Friday morning.
See also: Bitcoin Surges, Liquidating $ 270 Million Short Positions In One Hour
Marathon Digital focuses on the extraction of digital assets. It has cryptocurrency mining machines and a data center to mine digital assets. The company operates in the digital currency blockchain segment and its cryptocurrency machines are located in Canada.
Marathon Digital is trading up 7.4% to $ 31.60 per share.
Riot Blockchain focuses on the creation, support and exploitation of blockchain technologies. The company’s portfolio consists of Verady, Tesspay, Coinsquare and others.
Riot Blockchain is trading up 6.5% to $ 27.40 per share.
Coinbase Global, Inc. provides financial infrastructure and technology for the crypto-economy.
Coinbase is trading up 3.4% to $ 235.25 per share.
© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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