HIVE Digital Surges 8.58% on $230M Volume Ranking 434th in Daily Market Activity as SEC Regulatory Update Fuels Crypto Equity Rebound

Generated by AI AgentAinvest Volume Radar
Wednesday, Sep 24, 2025 6:37 pm ET1min read
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Aime RobotAime Summary

- HIVE Digital surged 8.58% with $230M volume, driven by SEC's digital asset custody update.

- The crypto sector rebounded amid improved liquidity, but technical indicators remain mixed.

- Analysts warn macroeconomic data could impact short-term momentum despite 50-day SMA crossing above 200-day.

On September 24, 2025, HIVE DigitalHIVE-- (HIVE) surged 8.58% with a trading volume of $230 million, ranking 434th in market activity for the day. The stock's performance was driven by renewed institutional interest in crypto-related equities following a regulatory update from the SEC on digital asset custody frameworks, which analysts noted could lower compliance costs for blockchain infrastructure providers.

Market participants observed that HIVE's volatility coincided with a broader rebound in the crypto sector amid improved liquidity conditions. However, short-term technical indicators remain mixed, with the 50-day moving average crossing above the 200-day line but failing to break key resistance levels. Analysts caution that macroeconomic data releases in the coming week could influence near-term momentum.

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