The market capitalization of U.S. listed crypto companies increased Wednesday, as bitcoin BTC rose above $51,000 for first time since December 20, 2021.

Bitcoin, by far the most valuable cryptocurrency, gained 2.9% over the past 24 hours. The CoinDesk 20 Index – a measure for the biggest digital assets – rose 2.1%. The second largest cryptocurrency, Ether ETH, rose 3.2% to $2.754, its highest level since May 2022. Meanwhile, the crypto market cap reached $2 trillion for first time since April of that year.

The cryptocurrency exchange Coinbase, which has around 190,000. BTC in its balance sheet, grew by more than 7%. Software company MSTR, with about 190,000. BTC, gained 6.5%. BlackRock’s Bitcoin exchange-traded funds (IBIT) added about 3%. The IBIT has the largest inflow of the new spot BTC etfs.

The stock of Robinhood (HOOD), an online trading platform which supports cryptocurrencies, rose 12% following the announcement that fourth-quarter revenues were higher than expected . Crypto revenue also increased 10% from one year ago to $43million.

Iris Energy, a miner’s stock, grew by 14%. Marathon Digital (MARA), a company that specializes in digital marketing, has gained 11%. Riot Platforms Inc. (RIOT), a platform for online advertising, is up 8%.

Parikshit Miishra is the editor.