Riot Blockchain, Inc. (RIOT) shares are trading up 17 percent on Monday morning, bouncing back from a dip since July 20. Cryptocurrencies have been showing momentum after speculation that e-commerce major Amazon may accept payments in Bitcoin or other digital currencies.
Last week CEO Elon Musk had said that Tesla may resume accepting Bitcoin after conducting due diligence of its use of energy. He revealed that he personally owns cryptocurrency and has held it long-term.
Currently, shares are at $33.13, up 17.92 percent from the previous close of $28.10 on a volume of 5,998,988. The shares have traded in a range of $2.35-$79.50 on an average volume of 13,945,431.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.