US Stock Market Move | Cryptocurrency ecosystem stock Circle(CRCL.US) surges nearly 8%
"Stocks in the cryptocurrency ecosystem are rising."
On Friday, the cryptocurrency ecosystem stocks rose. As of the time of writing, the concept stocks of Bitcoin, Bit Digital (BTBT.US), rose by over 5%, Hut 8 Mining (HUT.US) rose by over 6.8%, and Strategy (MSTR.US) rose by over 4%. The concept stock of Ethereum, Bitmine Immersion Technologies (BMNR.US), rose by over 8%, Bit Digital (BTBT.US) rose by nearly 5%, the cryptocurrency exchange Coinbase (COIN.US) rose by over 5.9%, and Robinhood (HOOD.US) rose by nearly 3%. The stablecoin leader Circle (CRCL.US) rose by nearly 8%. Ethereum rose by over 8.6%, reaching $4619.75, while Bitcoin rose by over 3%, reaching $115972.
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Guotai Haitong: The Federal Reserve may start cutting interest rates in September, with up to two rate cuts expected by the end of the year.

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