US Stock Market Move | Bitcoin once rose above $99,000, and stocks related to Bitcoin rose.
Bitcoin continues to rise, reaching over $99,000 at one point.
On Wednesday, stocks related to the concept of Bitcoin rose. As of the time of writing, MARA Holdings (MARA.US) and CleanSpark (CLSK.US) were up over 5%, MicroStrategy (MSTR.US) was up over 4.8%, and Coinbase (COIN.US) was up over 4.7%. Bitcoin continued to rise, briefly exceeding $99,000.
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The first batch of over $100 billion in stocks will be unlocked on Thursday. SpaceX (SPCX.US) faces the first test of its nine-phase lock-up period arrangement, with the market on alert for selling pressure and extreme fluctuations.
BIOSINO BIO-TEC (08247) plans to acquire a 70.3% stake in Shanghai Jiangcu for approximately 164 million yuan.
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