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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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  • Thou shalt not shill: Fake ‘Vatican Chamber’ token presale exposed
  • Shanghai regulator eyes a yuan-based stablecoin
  • Can you earn passive income running a Lightning node?
  • LIBRA token creator fights class suit, citing lack of jurisdiction
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  • Bitcoin, Ether ETFs clock second-biggest day of inflows on record
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