BiyaPay Analyst: Bitcoin and Ethereum Approach Yearly Highs, Boosting US Stock Market "BitStock" Concept Stocks in Overnight Trading

August 11th. According to BiyaPay analysts, during the after-hours trading of the US stock market on August 11th, the "Coin Stock" concept stocks witnessed a continuous surge. Multiple cryptocurrency-related concept stocks exhibited strong performance. Ethereum-related stocks: SharpLink Gaming increased by more than 15%, BitMine rose by more than 20%, BTCS went up by more than 10%, and GameSquare rose by more than 12%; BNB-related stocks: Nano Labs rose by more than 20%, and BNC rose by more than 4%; XRP-related stocks: VivoPower rose by more than 16%; DOGE-related stocks: Bit Origin rose by nearly 15%. BiyaPay analysts pointed out that this series of gains was attributed to the continuous bullish factors in the cryptocurrency market. Especially, the performance of Bitcoin and Ethereum approaching yearly highs attracted a large number of investors' attention and further boosted the prices of cryptocurrency-related stocks. In such a market environment, the BiyaPay platform offers users more investment options. It supports USDT trading of US and Hong Kong stocks. Users can participate in global stock trading in real time without the need to apply for an offshore account, easily crossing the boundaries between the cryptocurrency and stock markets. This enables investors to more flexibly switch between digital assets and the traditional stock market and seize more investment opportunities.