U.S. Markets open in 6 hrs 50 mins

Zombie Crypto Stocks Resurface as Bitcoin Stages July Recovery

Lily Katz
Zombie Crypto Stocks Resurface as Bitcoin Stages July Recovery

Crypto stocks, the darlings of late last year that quickly lost their luster, may be rising from the dead. Scores of small firms rebranded with blockchain at the end of 2017 to boost their share prices, only to see their market values languish when the Bitcoin bubble burst. Now, as the top digital token stages a comeback, some of these stocks are once again mimicking moves of the biggest cryptocurrency.