🟢 eToro is trading 5% up today on broad crypto-market momentum

eToro is trading at $29.11, up 4.83%, benefiting from strong crypto-market momentum.

• Bitcoin is up 6.29% and Ethereum 9.69% since the August 18 close.
• The rally followed the U.S. Treasury’s decision to at least double planned long-term bond buybacks, helping lower yields and improve risk appetite; U.S. equities are also higher.
• No clear company-specific announcement was found on August 19; recent earnings and the TradeZero acquisition were announced August 11.