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Crypto-Linked Stocks Are Moving Higher: What’s Going On?

Several crypto-related stocks including Coinbase Global Inc (NASDAQ: COIN), Riot Platforms Inc (NASDAQ: RIOT) and CleanSpark Inc (NASDAQ: CLSK) are trading higher Tuesday amid an increase in the price of Bitcoin (CRYPTO: BTC). What To Know: Bitcoin crossed the $40,000 level at the beginning of the month and has been stuck in a trading range throughout December. After bouncing off the lower end around $41,000, Bitcoin is moving to the upside again Tuesday morning. Much of the recent rally has been fueled by continued optimism surrounding a potential spot ETF. Expectations for rate cuts from the…