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Strategy Climbs 12%, Coinbase Jumps 10% as Bitcoin Tops $80,000
- On Friday, Bitcoin climbed past $80,000 as short-squeeze liquidations fueled a market rally, with crypto-linked equities significantly outpacing the broader tape.
- Strategy shares surged 12% to $148.55, while Coinbase Global climbed 11% to $192.43, as both assets reacted sharply to the coin's price volatility.
- The Securities and Exchange Commission granted a five-year exemption on Thursday, allowing U.S. trading venues to offer tokenized stocks and providing Coinbase a direct fee-earning path.
- Unlike Coinbase, which earns fees on trading volume, Strategy remains a treasury vehicle for Bitcoin whose shares re-price directly with the coin's market value.
- Nic Puckrin, founder of Coin Bureau, warned resistance is strengthening as traders advised sizing positions to volatility rather than today's direction.
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Bitcoin price breaks channel as RSI climbs to 63
Bitcoin price surged more than 5% on Sep. 18, breaking above $80,000 as a 4-hour trend reversal and concentrated short liquidations accelerated the recovery from $75,560. Bitcoin price rebounds from $75,560 According to data from crypto.news, Bitcoin (BTC) price was…
24/7 Wall St.Reposted by 
BizToc
BizTocStrategy Climbs 12%, Coinbase Jumps 10% as Bitcoin Tops $80,000
Bitcoin crossing a key threshold triggered a cascade of short liquidations that sent crypto equities flying well past the coin itself, and the regulatory moves happening behind the scenes may be reshaping which of these names deserves the bigger premium.
·Lakewood, United States
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CointelegraphReposted by 
The New York Ledger
The New York LedgerBitcoin Follows US Bond Yields Higher as BTC Returns to $81,000
Bitcoin gains more than 6% to return to $81,000 as analysis anticipates a showdown with resistance from mid-May.
·New York, United States
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Total News Sources65
Leaning Left0Leaning Right1Center7Last UpdatedBias Distribution88% Center
Bias Distribution
- 88% of the sources are Center
88% Center
C 88%
12%
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