Crypto stocks climb as US-Iran ceasefire propels bitcoin to three-week high

ReutersApr 8, 2026 8:50 AM

Shares of crypto-related companies jump premarket after U.S. and Iran agree to a two-week ceasefire

Bitcoin BTC= gains as much as 4.9%, hitting its highest level in about three weeks

Crypto exchanges Coinbase Global COIN.O and Gemini Global GEMI.O rise 5.3% and 6.9%, respectively

Strategy MSTR.O, the biggest corporate holder of bitcoin, jumps 6.6%

Miners CleanSpark CLSK.O, Riot Platforms RIOT.O and MARA Holdings MARA.O advance 7%, 5.7% and 5.8%, respectively

Crypto has behaved like other risk assets such as stocks, and its fortunes have been sensitive to broader sentiment around the Middle East conflict

YTD, bitcoin lost nearly 21% as of Tuesday

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