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Stock impact report

Ether-linked stocks rise after cryptocurrency hits five-week high [Yahoo! Finance]

Bit Digital, Inc. - Ordinary Share (BTBT) 
Company Research Source: Yahoo! Finance
a broader crypto surge triggered short liquidations and lifted sentiment across digital assets. Shares of BitMine Immersion Technologies jumped 7.5% by 05:51 ET, while SharpLink Gaming gained 6.1%. Bit Digital advanced 3.4% and BTCS added 2.9%. The iShares Ethereum Trust ETF climbed 7.5% as Ethereum extended its recent rally. Ethereum jumped 6.5% over the past 24 hours to $2,288.63, marking its highest level since early February. Bitcoin also pushed higher, briefly breaking through the $74,000 resistance level that had rejected it four times over the past two weeks before slipping back below that threshold. Other major tokens also posted strong moves. Solana climbed 5% to $93. Dogecoin touched $0.10 for the first time since early March, rising 4.6% on the day. BNB added 1.8% to $675, while XRP rose abour 4% to $1.46. Cardano surged nearly 9% to $0.288. Much of the rally was fueled by a short squeeze. Data from CoinGlass showed $344 million in liquidations across 91,978 traders Show less Read more
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