Bitcoin Hits Three-Month High as Crypto Stocks Surge
Crypto stocks surged on Thursday as Bitcoin reached its highest level in three months. The world's largest cryptocurrency, Bitcoin, increased by 4.8% to $81,105.73.
This rally comes after US President Donald Trump urged Congress to pass a crypto bill and the Treasury Department's move to support long-dated bonds.
Crypto exchange Coinbase Global jumped 10.6%, while bitcoin-focused company Strategy gained 15%. Trading platform Robinhood Markets rose 16.3%, and Webull added 12%.