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Wednesday, August 19, 2026

US crypto stocks jump as Bitcoin soars

 US cryptocurrency-related equities saw growth on Wednesday, driven by Bitcoin, which increased by more than 5% to trade above $68,000, reaching its highest level since early June, on optimism following the US' discussion of partial regulation of investments in digital assets.

Moreover, the Treasury Department's plan to increase liquidity-support buybacks and US President Donald Trump's decision to halt an additional 50% tax on specific Canadian goods also appeared to weigh on the market.

Strategy shares surged 14.42% at 12:03 pm ET to go for $105.86, while Coinbase advanced 11.67% to reach $163.36. A minute later, Circle climbed over 12%, Mara Holdings added 9.15%, and Robinhood climbed over 7%.

https://breakingthenews.net/Article/US-crypto-stocks-jump-as-Bitcoin-soars/66951063

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