Trump's White House Gathering Sends Crypto Stocks Soaring

Crypto stocks continued their rally on Thursday after Bitcoin jumped to its highest price in over two months. The surge was largely attributed to US President Donald Trump's gathering of industry leaders at the White House and his administration's surprise intervention in the bond market, which caused the US dollar to slump.

The event saw several top crypto stocks rise significantly, with Strategy Inc., Coinbase Global Inc., Circle Internet Group Inc., and Galaxy Digital Inc. all increasing by at least 5% intraday on Thursday. This followed a similar advance for these companies on Wednesday.