Cryptocurrency-Related Stocks Surge as Bitcoin Breaks $80,000

Cryptocurrency-related stocks performed well on Friday, according to data from Zhitong Finance. Strategy (MSTR.US) led the pack, surging over 9% in a single day. Other notable gainers included SharpLink (SBET.US), up more than 7%, Bitmine Immersion Technologies (BMNR.US) with a 7% increase, Circle (CRCL.US) rising over 6%, and Coinbase (COIN.US) also increasing by 6%. Bitcoin broke through the $80,000 mark, climbing 5.08% within the day.

The US Securities and Exchange Commission made news on September 17 by granting a conditional five-year temporary exemption to tokenized securities trading venues. This allows eligible platforms to trade tokenized U.S. equities via licensed automated market makers and liquidity pools.