Updates
** Shares of cryptocurrency and blockchain-related firms rise on Weds as bitcoin tops $100,000 for the first time in three months
** Bitcoin BTC=, world's biggest cryptocurrency, up 4.3% to $100,958, after climbing as high as $101,531
** Ether ETH= pops 14% to $2,050
** Major equity indexes rally, along with risk assets such as crypto, after wide-ranging trade deal between the U.S. and Britain .N
** Shares of crypto exchange Coinbase Global COIN.O up 6%. Co on Thurs announced $2.9 bln deal to buy crypto option exchange Deribit
** BTC stockpiler Strategy MSTR.O, formerly known as MicroStrategy, up 7% on the session
** Retail trading platform Robinhood HOOD.O surges nearly 9%
** Crypto miners up: Riot Platforms RIOT.O >8%, Mara Holdings MARA.O 7%, Cleanspark CLSK.O ~10%, Bit Digital BTBT.O ~5%
** ProShares Bitcoin Strategy ETF BITO.P and iShares Bitcoin Trust ETF IBIT.O both up >5%
** BTC now up ~8% YTD and up sharply from 2025 low of $74,446 hit about a month ago. But it remains well below record high above $109,000 hit in early Jan
(Lance Tupper is a Reuters market analyst. The views expressed are his own)
((lance.tupper@tr.com 1-646-279-6380))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.