Digital Asset Treasury Firms Drive Crypto Stock Rally as Bitcoin Reaches $78,000
A surge in crypto-linked stocks was led by digital asset treasury firms, which had been struggling, as the prospect of an end to the Iran conflict boosted risk assets and sent bitcoin to a two-month high of $78,000. US President Donald Trump announced that Iran had committed to keeping the Strait of Hormuz open, a crucial route for global energy markets, and that peace talks were progressing. The…
April 17, 2026, 4:01 p.m.