According to TechFlow, on December 25, The Block reported that the S&P 500 index has risen 25% year-to-date, while the price of Bitcoin has surged nearly 120%. Notably, cryptocurrency-related stocks such as Robinhood (up 203%) and Block (formerly Square) (up 24%) have performed strongly this year.
As of December 23, the best and worst performing related cryptocurrency stocks of 2024 are as follows:
MicroStrategy (MSTR) +402%, Market Cap $83 Billion;
Terawulf (WULF) +142%, Market Cap $2.15 Billion;
Hut 8 (HUT) +75%, Market Cap $2.06 Billion;
Bitdeer Technologies (BTDR) +122%, Market Cap $2.75 Billion;
Iris Energy (IREN) +65%, Market Cap $2.4 Billion;
Coinbase (COIN) +69%, Market Cap $66.5 Billion;
Cipher Mining (CIFR) +28%, Market Cap $1.8 Billion;
Canaan Creative (CAN) -5%, Market Cap $620 Million;
CleanSpark (CLSK) -6%, Market Cap $2.9 Billion;
MARA Holdings (MARA) -16%, Market Cap $6.5 Billion;
Bit Digital (BTBT) -17%, Market Cap $485 Million;
Hive Digital (HIVE) -32%, Market Cap $522 Million;
Riot Platforms (RIOT) -27%, Market Cap $3.7 Billion;
Bitfarms (BITF) -43%, Market Cap $917 Million;
Greenridge Generation (GREE) -74%, Market Cap $25 Million;
Argo Blockchain (ARBK) -80%, Market Cap $44 Million;
Gryphon Digital Mining (GRYP) -92%, Market Cap $23 Million.