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Bitcoin Hits $90,000 For First Time Since Early March; Crypto Stocks Rise
Bitcoin is on the rise this week.
Bitcoin ( BTCUSD ) rose Tuesday, topping $90,000 for the first time since early March. The move has the estimated total market capitalization of crypto at above $2.8 trillion. (Read Investopedia’s live coverage of today’s markets here .)
Several crypto stocks were rising alongside bitcoin. Shares of crypto exchange Coinbase ( COIN ) are up about 7%. Mara Holdings ( MARA ), a Bitcoin miner, is up nearly 10%, while bitcoin buyer Strategy ( MSTR ), formerly MicroStrategy, was up about 8%.
Coinbase is set to report earnings soon: Its results are due May 8.
Bitcoin changed hands below $80,000 earlier this month.
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