Coinbase and Strategy lead the surge in cryptocurrency stocks, with Bitcoin price soaring above $72,000.

CoinNetwork · 2026-03-04T15:22:18+00:00

On Wednesday morning, U.S. stocks opened higher, and cryptocurrency-related stocks surged significantly. Bitcoin's price broke through $72,000, and Coinbase and MicroStrategy shares rose notably. Miner stocks also rebounded, with market funds flowing into cryptocurrencies, but macroeconomic risks remain.

CoinNetwork

2026-03-04 15:22:18

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On Wednesday morning, during U.S. stock market trading, cryptocurrency-related stocks surged significantly, with Bitcoin prices breaking the $72,000 mark for the first time in nearly a month. Coinbase (COIN) shares soared 12%, surpassing $200, and MicroStrategy (MSTR) shares rose nearly 9%. Other companies like Galaxy Digital and Circle also saw notable increases. Bitcoin mining stocks rebounded from Tuesday’s sell-off, with stocks like Bitfarms rising 6%-10%. Bitcoin price briefly touched $72,600 before falling back to around $71,500. Wintermute trader Jasper De Maere said that, amid increasing market uncertainty, funds may be shifting from stocks to cryptocurrencies, but he also warned that if macroeconomic conditions worsen, this strong performance may not last.

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