Bitcoin 2023 rally pumped up Marathon, Coinbase, MicroStrategy, GBTC

Bitcoin 2023 rally pumped up Marathon, Coinbase, MicroStrategy, GBTC

Not only have those stocks outperformed the primary cryptocurrency, but they’ve been among the biggest gainers across the whole U.S. market. In the universe of publicly traded U.S. businesses with a market value of at least $5 billion, the four bitcoin-tied stocks were among the eight best performers, according to FactSet. The crypto boom represents … Read more

A ‘perfect storm’ battered U.S. stocks

A ‘perfect storm’ battered U.S. stocks

Traders work on the floor of the New York Stock Exchange on August 16, 2023 in New York City. Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where … Read more