Crypto Sector Breaks Out as Bitcoin Reclaims 47,000

Bitcoin is above $47,000 for the first time since March 2022This morning, Bitcoin (BTC) reclaimed the $47,000 level for the first time since March 2022. In response, cryptocurrency-adjacent stocks. Marathon Digital Holdings Inc (NASDAQ:MARA) and Coinbase Global Inc (NASDAQ:COIN), as well as BTC exchange-traded fund (ETF) iShares Bitcoin Trust (IBIT) are all confidently higher. MARA was last seen up 5.7% to trade at $22.82. While the stock is still 0.5% lower in 2024, it has added 292.5% in the last 12 month ...