Summary
Bitcoin is nearing its all-time high and crypto-related stocks are also performing well. MicroStrategy, Coinbase, and Tesla are all seeing significant gains. These companies provide exposure to the crypto industry and have been benefiting from the rise in Bitcoin’s price. Other Bitcoin mining companies are also experiencing slight increases in their stock prices.
Key Points
1. Bitcoin (BTC) is close to reaching $72,000 and is less than 3% away from its all-time high of $73,737.
2. Stocks of companies related to the crypto industry, such as MicroStrategy (NASDAQ: MSTR) and Coinbase (NASDAQ: COIN), are performing well, with MicroStrategy’s stock price increasing by over 6% and Coinbase’s stock price rising by more than 6% as well.
3. Other companies like Tesla (NASDAQ: TSLA), Hut 8 Corp (NASDAQGS: HUT), and CleanSpark have also seen an increase in their stock prices, with Tesla jumping by more than 5%, Hut 8 Corp rising by less than 2%, and CleanSpark going up by over 1%.