Investing.com – price soared by 5% early Tuesday, sparking a rally in U.S.-listed crypto shares as investors set their sights on ambitious new targets for the original cryptocurrency.
The crypto leader broke above $71,000 in Asian morning trading, leading the broader market higher just days before the U.S. election—a moment many traders view as a bullish catalyst for crypto regardless of the outcome.
MicroStrategy Incorporated (NASDAQ:), the world’s largest corporate backer of Bitcoin, saw its shares jump nearly 9% to reach around $255. America’s biggest crypto exchange Coinbase (NASDAQ:) also saw a strong boost, bouncing up to $205 after a recovery from August lows.
The crypto mining crowd had a good day too, with Riot Platforms (NASDAQ🙂 up over 6.7%, Marathon Digital Holdings Inc (NASDAQ🙂 climbing 4%, and