Strategy jumps 12%, Coinbase 10% as bitcoin breaks $80,000
- —Bitcoin trades near $80,888, up 5.5% in 24 hours
- —Strategy (MSTR) +12% to $148.55, Coinbase (COIN) +11% to $192.43
- —IBIT gained 6%, tracking bitcoin's rise
- —SEC granted a five-year exemption for tokenized equity trading
Why it matters: The break above $80,000 and the SEC's regulatory relief are boosting crypto stocks; holding the level into the weekly close will determine further gains.
Source: Yahoo Finance Crypto