In brief
- Bitcoin hit new highs on Thursday and Friday.
- Coinbase, major miners, and a number of Nasdaq-listed crypto companies also shot up.
- BlackRock’s spot Bitcoin exchange-traded fund hit a record high during the week.
The share prices of crypto-focused companies jumped this week amid the wider market upturn that sent Bitcoin to multiple all-time highs and despite a lull on Friday in equity indexes.
Coinbase and Strategy both rose about 9% and 12%, respectively, over the past five days, according to Yahoo Finance data. Stock and crypto trading platform Robinhood climbed 5%. The stock prices of major Bitcoin miners also spiked with MARA Holdings soaring about 12%.
Those gains have come as Bitcoin rose above $118,500 at one point…
Jul 12 2025
