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Galaxy Digital Holdings Ltd. (NASDAQ:GLXY) shares are surging on Tuesday amid gains in the broader cryptocurrency market.
Investor sentiment improved after BTIG reiterated its Buy rating on the stock. The firm maintained a price target of $50, according to Benzinga Pro.
Bitcoin Reclaims Key Levels
The broader market is providing a massive tailwind. Bitcoin (CRYPTO: BTC) recently reclaimed the $74,000 level, trading near $75,236. The total crypto market cap has climbed 3.54% to $2.53 trillion. Ethereum (CRYPTO: ETH) also gained over 7% in the last 24 hours.
Full story available on Benzinga.com
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