Part 1 Advanced The Market Maker’s Exchange Checklist (Liquidity, Latency, and Risk Controls) Market makers and HFT desks: evaluate exchanges on execution quality, liquidity, latency, fees, margin, and security — with a WhiteBIT walkthrough. Open guide This article is more than 2 years old...
Bitcoin-adjacent stocks boom as BTC surges, other US equities remain flat
Mirroring Bitcoin's upward trend, cryptocurrency-related stocks, including Grayscale Bitcoin Trust (GBTC), Coinbase, and MicroStrategy, have all registered significant gains.
Quick Take
- In a noteworthy development, Bitcoin has surged past the $31,000 mark. However, in stark contrast, both the Nasdaq and the S&P 500 indexes remained relatively unchanged, further emphasizing Bitcoin's apparent negative correlation with traditional equity markets.
- In addition, companies heavily invested in Bitcoin have also seen a significant uptick. MicroStrategy and Coinbase, both prominent players in the digital currency market, have experienced a 10% increase in their respective stock prices.
- Meanwhile, Bitcoin mining stocks are enjoying a particularly successful period, with significant double-digit gains. Notable gainers in this sector include companies like IREN, MARA, and RIOT.


















