BiyaPay analyst: Bitcoin and Ethereum are close to their highs this year, driving the continued strength of US "cryptocurrency stocks" in the night market

On August 11, according to BiyaPay analysts, during the US stock night session, "Crypto" concept stocks continued to expand their gains, with multiple cryptocurrency-related concept stocks performing strongly. Ethereum-related stocks: SharpLink Gaming rose over 15%, BitMine rose over 20%, BTCS rose over 10%, GameSquare rose over 12%; BNB-related stocks: Nano Labs rose over 20%, BNC rose over 4%; XRP-related stocks: VivoPower rose over 16%; Doge-related stocks: Bit Origin rose nearly 15%.

BiyaPay analysts pointed out that this series of rises benefited from the continued positive factors in the cryptocurrency market, especially the performance of Bitcoin and Ethereum near their yearly highs, which attracted significant investor attention and further drove up cryptocurrency-related stock prices.

In such a market environment, BiyaPay platform provides users with more investment options, supporting USDT trading of US and Hong Kong stocks, allowing users to participate in global stock trading in real-time without applying for offshore accounts, easily crossing the boundary between cryptocurrency and stock markets. This enables investors to switch more flexibly between digital assets and traditional stock markets, seizing more investment opportunities.