Bitcoin Cheers: Record Week Propels Crypto Stocks Higher

After repeatedly reaching for the peaks, bitcoin has finally surpassed them. This week, the oldest cryptocurrency not only broke its own record: it also boosted a slew of stock values, from exchange giants like Coinbase to the most aggressive miners. A spectacular surge that says a lot about the market mood: crypto is no longer on the sidelines, it is becoming central to the game. And when it ignites, an entire parallel and now institutional economy catches fire. Analysis of a week that will go down in the annals of digital finance.

A Wave of Euphoria Sweeps Wall Street, with Bitcoin as the Conductor

Bitcoin has just marked a historic week. Following a more accommodative economic climate and driven by unexpected political declarations, the digital asset smashed every ceiling, reaching $118,500. The result? An unprecedented bullish rush on crypto-economy related securities.

Coinbase, Robinhood, Strategy, as well as bitcoin mining giants like MARA Holdings, CleanSpark, and Riot Platforms, all saw their shares soar. A synchronized takeoff that is no accident: institutional investors are reintegrating bitcoin into their portfolios at an unprecedented pace. The signal is clear: crypto euphoria is no longer a passing trend. It now establishes itself as a full-fledged driver of stock market performance.

At the heart of this dynamic is the promise of monetary easing fueling appetite for risk. But what truly electrified the market was Donald Trump’s explicit support for cryptocurrencies. A stance that could permanently reshape the power dynamics between traditional finance and new digital paradigms.

Coinbase and Strategy: The New Barometers of Crypto Health?

When bitcoin coughs, Coinbase sneezes. But when bitcoin explodes, the platform soars. With a 50% increase since January, Coinbase stock no longer merely follows the trend; it amplifies it. Supported by a series of strategic deals, notably with Perplexity AI and Liquifi, the company establishes itself as a technological and financial pillar. Bernstein saw it clearly: the price target was raised to $510.

Meanwhile, Strategy (formerly MicroStrategy) continues its spectacular transformation. By becoming a true bitcoin holding fund, with nearly 600,000 units in its portfolio, the company is no longer just playing the speculation card but that of a corporate store of value. A radical stance that appeals to investors seeking direct exposure to the asset without managing custody.

These companies, once seen as marginal or excessively speculative, are gradually becoming the new blue chips of digital finance. A shift that illustrates a profound paradigm change: cryptocurrency is no longer a gamble, it is becoming a strategic component of modern portfolios.

Bitcoin, ETFs, and Politics: The Winning Triangulation

The success of BlackRock’s spot bitcoin ETF (IBIT) is a shining proof: with $80 billion in assets under management, it is the fastest launch in the history of exchange-traded funds. At the same time, the iShares Ethereum Trust (ETHA) jumped 17%, confirming the market’s appetite for regulated crypto-related products.

But it is the political context that gives this surge an almost tectonic dimension. Donald Trump’s pro-crypto messages, published on Truth Social, acted as a catalyst. By calling on the Fed to cut rates, Trump fueled a bullish anticipation climate that propelled bitcoin to new heights.

Despite geopolitical tensions and trade uncertainties, notably with Canada, the markets have chosen their camp: innovation, scarcity, and digital sovereignty. And in this grand dance of economic transformations, bitcoin now plays the role of global conductor.

With over $81 billion traded in 24 hours, the bitcoin market is reaching a critical threshold. The psychological resistance of $120,000 could break quickly, driven by a highly favorable technical and macroeconomic context, as highlighted by investors’ expectations.