XM does not provide services to residents of the United States of America.

Crypto stocks jump as bitcoin breaches $81,000



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>BUZZ-Crypto stocks jump as bitcoin breaches $81,000</title></head><body>

** Shares of cryptocurrency and blockchain-related companies advance premarket as bitcoin BTC= trades above $81,000 for the first time; BTC last at $81,414

** Bitcoin soared recently on expectations that cryptocurrencies will boom in a favourable regulatory environment after the election of Donald Trump as U.S. president and pro-crypto candidates to Congress

** "His pledge to go all in on crypto has sent Bitcoin to fresh heady heights ... He's made an about-turn on supporting the industry and is now vowing to turn the U.S. into the crypto capital of the world," said Susannah Streeter, head of money and markets at Hargreaves Lansdown

** Other cryptocurrencies like Ether ETH= rose to above $31,000, while Dogecoin DOGE=KRKN stood at an over three-year high

** Crypto exchange Coinbase Global COIN.O jumps 15.5%, while Blockchain farm operator Bitfarms BITF.O rises 13.8%

** Crypto miners: Riot Platforms RIOT.O, MARA Holdings MARA.O, U.S.-listed shares of Hut 8 HUT.O, and Bit Digital BTBT.O up 12.1% - 15.4%

** Software firm and BTC bull MicroStrategy MSTR.O gains 9.7%, BTC mining machine maker Canaan CAN.O up 14.3%

** ProShares Bitcoin Strategy ETF BITO.P adds 6.7%, iShares Bitcoin Trust IBIT.O rises 6.6%

** BTC has risen more than 90% so far this year



Reporting by Shashwat Chauhan in Bengaluru

</body></html>

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.