Ether-Related Stocks Surge as Crypto Market Rebounds

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According to HashNews, Ether-related digital asset stocks rebounded strongly after a major deleveraging event at the start of the month. EthZilla (ETHZ) rose 12.35% to $10.80 on Tuesday, while BitMine surged 10.26% to $32.40, gaining over 650% since late June. Thumzup Media Corp (TZUP) was the top-performing crypto stock, rising 13.25%. Other notable gains included GD Culture Group (GDC) up 11.4%, Solana (SOL)-related HSDT up 9.36%, and Sui Group Holdings (SUIG) up 7.7%. MicroStrategy (MSTR) rose 5.78% to a high of $188. BitMine continued buying ETH, purchasing 18,345 ETH worth $55 million on Tuesday, according to Lookonchain and Arkham Intelligence. ETH prices hit a five-day high of $3,060 on Wednesday.

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