Crypto stocks rally as bitcoin breaks $100K mark
Crypto markets got a major boost on Thursday as bitcoin crossed the $100,000 level for the first time since February. Crypto investors cheered renewed optimism over global trade talks, helping to push risk assets higher across the board.
Bitcoin climbed as high as $101,000, up from overnight lows of around $96,000. This sharp move sparked gains across crypto-linked stocks.
Trade deal news fuels crypto optimism
The rally followed encouraging news of a trade agreement between the U.S. and U.K. President Donald Trump added momentum by saying that “many other deals” were in serious negotiation stages. He also expressed confidence in progress with China during the upcoming weekend talks.
For the crypto market, this easing of trade tensions reduces risk and supports broader investor confidence. Crypto has proven highly responsive to shifts in global trade policy.
Crypto stocks respond with double-digit gains
Shares of major crypto-linked firms surged in Thursday’s session. Coinbase (COIN) rose 6%, while Strategy (MSTR), formerly MicroStrategy, gained 7%. Bitcoin miners Riot Platforms (RIOT) and Mara Holdings (MARA) jumped 7% and 8%, respectively.
These moves reflect how tightly crypto equities are linked to bitcoin sentiment. When confidence in the crypto space rises, these stocks often outperform traditional tech or financial names.
Trump’s pro-crypto stance lifts investor sentiment
Bitcoin first touched all-time highs near $109,000 in January, ahead of Donald Trump’s inauguration. At that time, optimism surged that Trump’s policies would support crypto innovation.
Since then, Trump has tried to position himself as a pro-crypto leader. His administration signed an executive order in March to begin building a strategic bitcoin reserve, aiming to secure the U.S.’s role in global digital asset leadership.
Crypto markets rebound from recent lows
Despite the upbeat sentiment now, crypto had a rough few months. From its early April low of $76,000, bitcoin has climbed 33%. Concerns over Trump’s tariff threats had previously dampened enthusiasm for risky assets, including crypto.
But with new signs of trade progress, crypto is bouncing back. Investors appear more willing to embrace volatility again as macroeconomic risks ease.
What’s next for crypto investors?
With bitcoin back above $100,000, analysts are watching closely. Will crypto break toward new highs, or consolidate gains? Much depends on how Trump’s trade negotiations evolve and how regulators respond to the rising value of crypto assets.
For now, crypto is firmly back in rally mode. If trade relations continue to improve, and Trump delivers more pro-crypto policies, the sector could gain even more ground in the coming weeks.