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Crypto stocks see big gains alongside US stock market rebound

cryptoweekly by cryptoweekly
April 10, 2025
in bitcoin, News
0

Crypto stocks experienced significant gains on April 9 as the S&P 500 posted its third-largest single-day gain since World War II.

Crypto stocks have surged as part of a broader recovery in the US stock market on April 9 following President Donald Trump’s 90-day pause on sweeping global tariffs.

The Wednesday, April 9 trading day closed with Michael Saylor’s Strategy up 24.76% to $296.86, while crypto exchange Coinbase (COIN) closed up 17% to $177.09, according to Google Finance data.

Crypto mining companies also saw gains, with MARA Holdings (MARA) up 17%, Cipher Platforms (CIFR) up 16.59%, and Riot Platforms (RIOT) rising 12.77%.

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Recent Posts
  • Galaxy Digital approved for US domicile, clearing way for Nasdaq listing
  • Bitcoin hits $103K but DeFi is a mixed bag: Finance Redefined
  • Chance of Bitcoin price highs above $110K in May increasing — Here’s why
  • Is Bitcoin about to go parabolic? BTC price targets include $160K next
  • AI's GPU obsession blinds us to a cheaper, smarter solution
  • Why crypto’s next breakthrough could start in the classroom — Animoca’s Yat Siu
  • Institutional investors continue to scoop up Bitcoin above $100K

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