Bitcoin Rises Above $72,000, Boosting Crypto Stocks — WSJ
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By Alexander Osipovich
Bitcoin climbed above $72,000 for the first time in more than a week, lifting crypto-linked stocks including Coinbase Global and Strategy ahead of the opening bell.
Strategy shares rose nearly 4% in premarket trading while Coinbase was up almost 3%.
Bitcoin has been on a rollercoaster ride since the war in the Middle East began, slumping to $63,000 shortly after the U.S. and Israel attacked Iran on Feb. 28, before snapping back.
Surging oil prices and worries about slowing growth have encouraged some investors to bet that bitcoin will benefit from government stimulus efforts, said Jake Ostrovskis, head of over-the-counter trading at Wintermute, a cryptocurrency market maker.
Bitcoin had a similar move in April 2025 when it rebounded from the precipitous sell-off spurred by President Trump's "Liberation Day" tariffs, Ostrovskis noted.
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
source: https://www.tradingview.com/news/DJN_DN20260313003239:0/
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