Investing.com – hit a new all-time high above $82,000 with cryptocurrency-exposed stocks skyrocketing in a clear sign that investors are betting on even bigger gains. The rally comes after U.S. elections saw a wave of pro-crypto candidates taking office, fueling optimism in the market.
Excitement around bitcoin rally triggered gains even before the official market opening, which reflects strong buying interest among crypto investors.
Leading the way was MicroStrategy Incorporated (NASDAQ:), the publicly traded company holding the largest bitcoin reserve, which saw its shares jump 11% to over $300. Medical device company Semler Scientific (NASDAQ:), which spent $71 million on its bitcoin buys, surged by 25% to a fresh year peak. America’s largest crypto exchange Coinbase (NASDAQ:) wasn’t far behind with a nearly 17% boost as the price action unfolded.
Mining companies, with bitcoin reserves on their balance sheets,…
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