Why Bitcoin, Ethereum, and Hut 8 Mining Stock Are Rising Today
Several cryptocurrencies and crypto stocks rose today after (NYSE: BLK), the largest asset manager in the world, filed to launch a spot Bitcoin exchange-traded fund (ETF).
Since late afternoon yesterday, the price of Bitcoin traded 4.5% higher as of 3:42 p.m. ET today. The price of the world's second-largest cryptocurrency, Ethereum, traded 3.9% higher, while shares of the Bitcoin miner Hut 8 Mining (NASDAQ: HUT) were up 14.5%.
Bitcoin and other cryptocurrencies have struggled this week, dipping after the Federal Reserve indicated Wednesday that it thinks it will need to raise interest rates two more times this year.
Source Fool.com
Blackrock Inc. Stock
€796.50
-0.040%
With 15 Buy predictions and not the single Sell prediction the community is currently very high on Blackrock Inc..
As a result the target price of 851 € shows a slightly positive potential of 6.84% compared to the current price of 796.5 € for Blackrock Inc..
