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Here's Why Future FinTech Group Stock Was Up Almost 16% Last Month

·2 min read
Here's Why Future FinTech Group Stock Was Up Almost 16% Last Month
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Shares of Future FinTech Group (NASDAQ: FTFT) were up 15.7% in March, according to data provided by S&P Global Market Intelligence. Future FinTech describes itself as "a leading blockchain e-commerce company and a service provider for financial technology." Because of its stated association with blockchain technologies and its recent announcements that it's mining Bitcoin, traders tend to bid this stock up when the price of Bitcoin is rising.