Galaxy Digital Stock Surges as Cryptocurrency Prices Reach New Heights

Galaxy Digital Inc (NASDAQ:GLXY) stock gained 5.21% to $23.22 on Thursday, as digital asset prices surged.

The rise in cryptocurrency values coincides with broader momentum across sector equities, including Bitcoin trading near $71,471 and Ethereum pushing past $2,268 according to CoinMarketCap data.

On Wednesday, Citigroup maintained its Neutral rating on Galaxy Digital while lowering its price forecast to $26 per share. This comes amidst policy updates from a White House summit held the same day.

During the event, President Donald Trump reiterated his commitment to secure U.S. leadership in cryptocurrency and emerging technologies, urging Congress to pass the CLARITY Act to set regulatory standards for digital assets.