Bitcoin Tops $99,000 Since February 7; Crypto Stocks Jump

Tiger Newspress
02-21

Bitcoin topped $99,000, first since February 7, up 0.73% on day. Regulators have agreed to drop a lawsuit against Coinbase that sought to regulate the company as a stock exchange, marking the end of years of hard-line enforcement against the crypto market.

Crypto stocks gained in premarket trading. Coinbase rose 5%; Bitfarms rose 2%; MARA Holdings, Riot Platforms, and Strategy rose 1%.

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