SK Hynix Tokenised bStocks Gains 4% on Crypto Momentum

SK Hynix Tokenised bStocks is up 3.99% to $166.06 on Friday, closely tracking a broad crypto market rally, supported by a dovish signal from the US Federal Reserve.

The move was primarily driven by beta to the surging crypto market, amplified by positive regulatory sentiment for tokenised assets from South Korea’s newly announced roadmap.

SKHYB’s 3.95% gain closely mirrors Bitcoin’s 4.09% surge and the total crypto market cap’s 3.76% increase over the same period.

 Bitcoin reclaimed $80,000 as markets priced in lower odds of a Federal Reserve rate hike following dovish comments from a Fed Governor.

As a tokenised stock traded on crypto platforms, SKHYB often moves with crypto…