What happened
Many cryptocurrencies and crypto-related stocks posted sharp price gains on Tuesday. Bitcoin ( BTC 2.81% ) and Ethereum ( ETH 1.95% ) saw 24-hour gains of 3.9% and 3.2%, respectively, at 2 p.m. ET today. Leading cryptocurrency trading service Coinbase Global ( COIN 5.24% ) held a 7.2% price increase at the same point in time, while the crypto-focused bank Silvergate Capital ( SI 8.02% ) was up 5.6%.
It’s no surprise to see the biggest names in…
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