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Crypto

Bitcoin Surges, Cryptocurrency-Related Stocks See Across-the-Board Gains

2026/08/20 20:28(Updated 2026/08/20 16:03)

CoinPost

Written by Enzo

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Bitcoin Surges, Cryptocurrency-Related Stocks See Across-the-Board Gains

Widespread Surge in U.S. Crypto Stocks

Widespread Surge in U.S. Crypto Stocks

On the 19th in the U.S. stock market, Bitcoin (BTC) related stocks experienced widespread gains. A short squeeze occurred, briefly pushing Bitcoin towards the $70,000 mark, forcing bears who had bet on price declines to cover their positions. Major Bitcoin holder MicroStrategy (MSTR) saw its shares rise by 11.95% to $103.58.

Leading cryptocurrency exchange Coinbase (COIN) also climbed 9.05% to $159.47...

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