Crypto Stocks Jump as Bitcoin Surges Above $100,000 for First Time in Three Months
Key Takeaways
- The price of bitcoin jumped above $100,000 for the first time since early February, lifting crypto-connected stocks.
- Coinbase shares rose, as did those of major bitcoin buyer Strategy and crypto miners Mara and Riot.
- Bitcoin surged as President Donald Trump announced a trade agreement with the U.K. and said that many more deals could be on the way, while expressing optimism about talks with China that are scheduled for this weekend.
Crypto stocks got a jolt Thursday as the price of bitcoin climbed above $100,000 for the first time since early February.
Bitcoin was at $101,000 recently, up from an overnight low around $96,000, as investors welcomed news of a trade agreement between the U.S. and U.K. and the prospect of…
