There are several cryptocurrency-linked stocks showing significant gains: MicroStrategy Incorporated (NASDAQ:MSTR) surged by 10%, Marathon Digital Holdings (NASDAQ:MARA) rose by 8%, and both Cipher Mining (NASDAQ:CIFR) and CleanSpark (NASDAQ:CLSK) saw increases of 8% and 7%, respectively. Riot Blockchain (NASDAQ:RIOT) and Bitfarms (NASDAQ:BITF) climbed by 5% each, Hut 8 Mining (NASDAQ:HUT) gained 5.2%, Coinbase Global (NASDAQ:COIN) and Hive Digital (NASDAQ:HIVE) rose by 3%, Stronghold Digital Mining (NASDAQ:SDIG) saw a 2.7% increase, and Bakkt Holdings (NYSE:BKKT) rose by 3.4%.
Alongside Bitcoin’s surge, other major cryptocurrencies also experienced positive momentum. Ethereum (ETH-USD) rallied by 1.85% to reach $3,202.54, while Solana (SOL-USD) surged by 6.61% to $155.41. XRP (XRP-USD) recorded a gain of 2.4%, reaching $0.54, and Cardano’s (ADA-USD) price was up by 2.71% to $0.47.
The meme coin Dogecoin (DOGE-USD) also saw gains, rising by 4.30% to $0.17. Its rival, Shiba Inu (SHIB-USD), was up by 3.28% and traded at $0.000026.