Crypto-linked stocks rally after Bitcoin hits over seven-month high
COIN•Stocks and funds gain ground
Crypto exchange Coinbase Global COIN.O jumps 4.9%, while bitcoin bull Strategy MSTR.O gains 6.9%.
Trading platform Robinhood Markets HOOD.O gains 3.8%, while Webull BULL.O adds 2.6%.
Crypto miners also gain ground: Riot Platforms RIOT.O 4.6%, Mara Holdings MARA.O 4.9%, Bit Digital BTBT.O 2.9%.
Shares of American Bitcoin ABTC.O, backed by two eldest sons of President Trump, surge 7.1%.
Stablecoin issuer Circle Internet CRCL.N gains 4.9%, BTC mining machine maker Canaan CAN.O jumps 6.1%.
ProShares Bitcoin Strategy ETF BITO.P adds 3.9%; iShares Bitcoin Trust ETF IBIT.O rises 4.1%.
Crypto-linked stocks rise with bitcoin
U.S.-listed cryptocurrency stocks rally as bitcoin touches more than a seven-month high.
Bitcoin BTC=, the world's largest cryptocurrency, last up 4.24% at $84,509.1.
