Why STX Rose 125% in Seven Days: The Higher-Beta Bitcoin Trade, Bitcoin Yield and Institutional Interest

The post Why STX Rose 125% in Seven Days: The Higher-Beta Bitcoin Trade, Bitcoin Yield and Institutional Interest appeared first on Coinpedia Fintech News

Stacks’ native token STX rose by more than 125% over seven days in late August, once again showing why it is often viewed as a higher-beta Bitcoin asset. STX climbed from around $0.12 earlier in the month to above $0.26. At the time of the snapshot below, STX was trading near $0.27 and ranked first …