Crypto Stocks: MSTR, COIN, & CRCL Rally as BTC Hits $86K
The crypto stocks have recorded massive gains today, as Bitcoin price has soared past $86,000, fueling market optimism. Notably, Circle (CRCL), Strategy (MSTR), Coinbase (COIN), Robinhood (HOOD), and Bitmine (BMNR) have all stayed in the green today. A flurry of market pundits have also attributed the recent rally in the crypto market to the US SEC’s Innovation Exemption Framework. So, here we take a quick tour of the recent performances of the crypto stocks and see what might have contributed to the latest gains in them.