Exploding Higher: Marathon Digital Holdings, Bitfarms, and Coinbase Global, the Stocks Tied to Bitcoin, Ethereum, and Dogecoin

Shares of Bitfarms Ltd, Coinbase Global Inc, and Marathon Digital Holdings Inc are all trading higher on Tuesday, as cryptocurrencies continue to see upward momentum. This could be in sympathy with the broader US market, which also saw gains after US CPI data for February met analyst expectations. President Biden’s reassurance to Americans about the stability of the financial sector may also have contributed to the positive sentiment. Marathon Digital focuses on mining digital assets and operates in the digital currency blockchain segment, with its cryptocurrency machines located in Canada. Bitfarms is a bitcoin self-mining company which runs vertically integrated mining operations with in-house management. Coinbase is a provider of end-to-end financial infrastructure and technology for the crypto-economy. Marathon Digital shares rose 8.58% to $7.28, Bitfarms shares rose 10.85% to $0.91, and Coinbase shares rose 5.81% to $62.61.

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About The Author

Niels I have been passionate about dogecoin since 2019, and have since become an avid follower and advocate of the cryptocurrency. I keep a close eye on the Dogecoin market and trends, and I'm always up-to-date with the latest news and developments. As a true believer in the potential of dogecoin, I am excited to be a part of the growing community and I'm eager to share my knowledge and experience with others. When not busy with dogecoin, I enjoy golf, and I can often be found on the golf course.

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