Shares jumped in companies exposed to cryptocurrency prices and dynamics in crypto markets on Tuesday after
rallied past the key $30,000 level, marking its highest point since the bear market in digital assets accelerated last summer.
(ticker: COIN) stock climbed 3% in U.S. premarket trading on Tuesday, with shares in
(SQ) advancing 1.2%.
(MSTR) stock rose 3.3% and shares in
(MARA) both rallied 4%. Most of these five stocks also gained in Monday trading, when Bitcoin began trending sharply higher. Futures tracking the
by comparison, were up 0.3% early Tuesday.