Bloomberg: Bitcoin prices soared to boost share prices of Asian encryption listed companies

Bloomberg said that just after the bitcoin price exceeded $11,000, the stock prices of listed companies involved in the cryptocurrency business in Asian stock markets also rose. For example, GMO Internet Inc. shares rose 7%, and Metaps Inc. rose 11 %, Remixpoint rose 6.2%, Ceres rose 4.4%, Vidente Co. shares rose 5.4%, and Woori Technology Investment Co. rose 4.6%. LightStream research analyst Supun Walpola believes that bitcoin price increases are a clear reason behind this phenomenon. Some investors are eager to explore the cryptocurrency market, but at the same time want to avoid the impact of cryptocurrency price fluctuations, so they chose to be in the traditional stock market. Investing in listed companies related to cryptocurrency.