Why Bitcoin and Ethereum related stocks are changing today

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Crypto-related stocks including Marathon Digital Holdings Inc (NASDAQ: MARA), Riot Blockchain Inc (NASDAQ: RIOT) and Coinbase Global Inc (NASDAQ: COIN) are trading higher amid rising prices of the Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH).

Bitcoin is trading up 1.6% to around $ 50,227 on Monday morning.

Ethereum is trading up 2.1% to around $ 3,333 on Monday morning.

Marathon Digital focuses on the extraction of digital assets. It has cryptocurrency mining machines and a data center to mine digital assets. The company operates in the digital currency blockchain segment and its cryptocurrency machines are located in Canada.

Marathon Digital is trading up 5.5% to $ 37.20.

Riot Blockchain focuses on the creation, support and exploitation of blockchain technologies. The company’s portfolio consists of Verady, Tesspay, Coinsquare and others.

Riot Blockchain is trading up 5.6% to $ 36.25.

Coinbase is an end-to-end financial infrastructure and technology provider for the crypto-economy.

Coinbase is trading up 4% to $ 267.72.

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