Crypto Stocks Soar Amidst US Market Rally

The U.S. stock market experienced a surge, with cryptocurrency-linked companies seeing significant price increases. Coinbase and other players like MicroStrategy saw gains that mirrored the positive crypto sentiment. Ethereum’s record high of $4,887 spurred optimism and fueled investor interest in these stocks. This trend is attributed to both growing DeFi activity and increased regulatory focus on digital asset trading.