{"id":48095,"date":"2023-12-05T01:49:06","date_gmt":"2023-12-05T01:49:06","guid":{"rendered":"https:\/\/btx.com.au\/fire-in-the-cauldron-as-coinbase-marathon-surge-over-300-in-2023\/"},"modified":"2023-12-05T01:49:06","modified_gmt":"2023-12-05T01:49:06","slug":"fire-in-the-cauldron-as-coinbase-marathon-surge-over-300-in-2023","status":"publish","type":"post","link":"https:\/\/btx.com.au\/fire-in-the-cauldron-as-coinbase-marathon-surge-over-300-in-2023\/","title":{"rendered":"'Fire in the cauldron\u2019 as Coinbase, Marathon surge over 300% in 2023"},"content":{"rendered":"
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The anticipated Bitcoin halving and potential ETF approvals have lit \u201csome serious fire in the cauldron” for crypto, said Zerocap investment chief Jon de Wet.<\/p>\n
Publicly traded crypto firms have notched triple-digit percentage returns this year and closed up in green on Dec. 4, as Bitcoin (BTC<\/a>)\u00a0reached a new year-high of over $42,000.\u00a0<\/p>\n Crypto exchange Coinbase (COIN) closed the day at just over $141 with a 5.5% gain, up 320% from its price at the start of the year, per Google Finance data<\/a>.<\/p>\n Bitcoin miners Marathon Digital (MARA) and Riot Platforms (RIOT) closed the day with over 8% gains, recording\u00a0337%<\/a> and 345%<\/a> year-to-date (YTD) gains, respectively.<\/p>\n