Crypto stocks rally up to 25% after big relief
Friday brought big relief to the crypto market as Bitcoin (BTC) hit the $71,000 price mark after crashing to $60,000 yesterday. BTC rose more than 6% over the last 24 hours.
The total crypto market cap rose 4.5% in 24 hours to $2.45 trillion.
The recovery led to popular crypto stocks rallying as much as 25%.
Related: Saylor’s MicroStrategy reports billions in quarterly loss
Mirroring the upward movement of Bitcoin, crypto stocks also began recovering.
Strategy (Nasdaq: MSTR), formerly MicroStrategy, is the world’s largest Bitcoin treasury company. The company currently holds 713,502 BTC.
Though it reported a net loss of $12.4 billion during the last quarter of 2025 due to the Bitcoin crash, co-founder and…
