Bitcoin-related stocks saw a major surge on Tuesday, riding the wave of strong bullish momentum in the cryptocurrency market. This upswing was primarily driven by increasing optimism surrounding the potential approval of the first spot Bitcoin exchange-traded fund (ETF) by the SEC.

Companies like Marathon Digital Holdings Inc. MARA, Riot Platforms Inc. RIOT, CleanSpark Inc. CLSK, and Bit Digital Inc. BTBT all witnessed impressive double-digit gains, breaking through critical technical resistance levels.

Bitcoin BTC/USD itself reached a high of $35,198 on Tuesday before retracing to $34,100 at the time of publication. The apex crypto is currently poised to achieve its sixth consecutive…

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