BiyaPay Analyst: Bitcoin and Ethereum Near Yearly Highs, Driving Strength in US Stock 'Crypto Stock' Concept Stocks During Night Session

BlockBeats news, on August 11, according to BiyaPay analysts, during the night session of the US stock market on August 11, the "crypto stock" concept stocks continued to rise, with several cryptocurrency-related concept stocks performing strongly. Ethereum-related stocks: SharpLink Gaming increased by over 15%, BitMine increased by over 20%, BTCS increased by over 10%, GameSquare increased by over 12%; BNB-related stocks: Nano Labs increased by over 20%, BNC increased by over 4%; XRP-related stocks: VivoPower increased by over 16%; DOGE-related stocks: Bit Origin increased by nearly 15%. BiyaPay analysts pointed out that this series of increases is due to the continued positive factors in the cryptocurrency market, especially the performance of Bitcoin and Ethereum approaching their yearly highs, which has attracted the attention of many investors and further driven up the stock prices related to cryptocurrencies. In this market environment, the BiyaPay platform provides users with more investment choices, supporting USDT transactions in US and Hong Kong stocks, allowing users to participate in global stock trading in real time without the need to apply for offshore accounts, easily crossing the boundaries between the cryptocurrency and stock markets. This enables investors to switch more flexibly between digital assets and traditional stock markets, seizing more investment opportunities.