U.S. Stock Market Update | Most cryptocurrency concept stocks fall, Canaan rises more than 11%
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On Monday, most of the concept stocks of digital currencies fell. As of the time of publication, Coinbase and MicroStrategy fell by more than 2%, while Riot Blockchain and Marathon Digital fell by more than 1%; Canaan rose by more than 11%. In terms of news, according to a recent report by Bernstein, by the end of the 2030s, the price of Bitcoin is expected to soar to $500,000. Analysts Gautam Chhugani and Mahika Sapra from Bernstein stated in an initial report on MicroStrategy stock that Bitcoin is expected to surge by 659% from last Friday afternoon's level to $500,000 by 2029
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