user-avatar
Cointelegraph by Stephen Katte

Crypto-related stocks and Bitcoin jump as Trump comments and US regulators reshape policy outlook

Crypto-linked equities rallied on Wednesday, with treasury firm Strategy up more than 10%, Coinbase gaining over 14%, Hut 8 climbing 13.89% and American Bitcoin Corp rising 11.65%. Over the same 24-hour period, Bitcoin advanced around 7.6% to trade near $72,866 and Ether increased more than 8.3% to about $2,132, as investors reacted to pro-crypto remarks from Donald Trump and ongoing regulatory moves in the United States.