Galaxy Digital is trading at $23.70, up 4.5% in pre-market action, as the stock benefits from a recovery in the digital asset market and broader equity strength.
- Bitcoin and Ethereum are trading modestly higher, lifting sentiment across the crypto sector after recent volatility.
- Macro conditions are supportive, with equity futures in risk-on mode following a decline in oil prices.
- The move appears driven by market-wide factors, as no fresh company-specific news has been reported for the firm this morning.