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Why Shares of Coinbase, Silvergate Capital, and Riot Blockchain Are Rising Today

Bram Berkowitz, The Motley Fool
·3 min read
Why Shares of Coinbase, Silvergate Capital, and Riot Blockchain Are Rising Today

Shares of several crypto stocks are rising today after a good weekend for Bitcoin (CRYPTO: BTC), which seems to be moving higher due to investors' belief that inflation has peaked. As of this writing, the price of Bitcoin has risen 4.4% over the last 24 hours. Shares of the large crypto exchange Coinbase (NASDAQ: COIN) were trading roughly 6.5% higher at 11:15 a.m. ET today.

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