Microcap Stocks Surge on Cryptocurrency Initiatives
On Monday, three of the top four most actively traded U.S. stocks were all either riding a cryptocurrency-fueled surge, or pulling back from one.
DPW’s market value jumped from $12 million on Friday to over $40 million on Monday. The move came on news that the company would issue a progress report on the cryptocurrency initiative of its Coolisys Technologies unit next week.
Bitcoin and other mainstream cryptocurrencies were touching all time highs on Monday.
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