Crypto Stocks Surge as Bitcoin Approaches All-Time Highs
Summary
Bitcoin surpassed $65,000 for the first time since November 2021, resulting in a 5% increase over the last 24 hours. The CoinDesk 20 Index, which measures the largest digital assets, also rose by approximately 4.75%. This increase positively impacted U.S.-listed crypto companies in pre-market trading. Crypto exchange Coinbase saw a gain of over 6%, and software company MicroStrategy, which holds more than 190,000 BTC, rose around 8.2%. Bitcoin mining companies also experienced gains, with CleanSpark leading at 8%, followed by Marathon Digital, Iris Energy, and Riot Platforms advancing by 6.6%, 6.8%, and 4.7% respectively.
