Crypto stocks like Coinbase and Microstrategy soar, mirroring rally in bitcoin

Shares of Coinbase, MicroStrategy, and Riot Platforms surged on Monday as bitcoin hits a two-week high.📺 Los Angeles news 24/7: Watch NBC4 free wherever you arethat the Republican presumptive nominee is now more likely to win the election in November. In recent months, Trump has been makingBitcoin is up about 6% in the past 24 hours, trading at around $63,500 as of early Monday afternoon.Shares of Coinbase, the largest centralized digital asset exchange in the U.S., jumped 12% to $243.

Bitcoin accounted for 33% of trading volume on the platform in the first quarter, by far the biggest amount for any cryptocurrency.Microstrategy, the largest corporate holder of bitcoin, climbed 17% on Monday. The stock is up more than 150% this year. On Thursday, the company announced aThe RNC's first day will still focus on the economy.

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Crypto stocks like Coinbase and Microstrategy soar, mirroring rally in bitcoinShares of Coinbase, MicroStrategy and Riot Platforms surged on Monday as bitcoin hits a two-week high.
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Coinbase sues SEC and FDIC over document requests related to past crypto industry actionsThe U.S.'s largest crypto exchange is seeking information on what it suspects has been a concerted effort to kneecap the industry.
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