$XRP - Cryptocurrencies rise as Bitcoin approaches $100,000.
Shares of companies related to cryptocurrencies and blockchain are rising ahead of market opening, following Bitcoin's rise to its highest level in two and a half months.
** Bitcoin BTCUSD, the largest cryptocurrency in the world, is up 2.9% to $99,519 after reaching $99,875.
** Ether ETHUSD is up 8.4% to $1,949.
** Cryptocurrency exchange Coinbase Global COIN is up 4%, and BTC Strategy acquirer MSTR, formerly known as MicroStrategy, is up 5% before the bell.
** Retail trading platform Robinhood HOOD is up more than 2%.
** Cryptocurrency miners are rising ahead of market opening: Riot Platforms RIOT 5%, Mara Holdings MARA 5%, Cleanspark CLSK >4%, Bit Digital BTBT 4.5%.
** ProShares Bitcoin Strategy ETF BITO and iShares Bitcoin Trust ETF IBIT are up 3.5%.
** So far this year, BTC has risen ~6% and has bounced back ~33% from its 2025 low of $74,446 reached about a month ago.