Crypto-related stocks climb as bitcoin hits 10-week high

ReutersApr 17, 2026 2:38 PM

Shares of cryptocurrency and blockchain-related firms climb on Fri, tracking move of bitcoin BTC= to a 10-week high

Iran's announcement on Fri that the Strait of Hormuz is "completely open" sends equities higher and stokes appetite for risk assets .N

Bitcoin, world's largest cryptocurrency, up 3.2% at $77,619.13, while ETH= gains 3.7% to $2,428.74

Crypto exchange Coinbase Global COIN.O lifts >5%, and BTC stockpiler Strategy MSTR.O surges 12.6% to a 3-month high

Retail trading platform Robinhood Markets HOOD.O jumps 6%

Crypto miners rise: Riot Platforms RIOT.O 4%, Mara Holdings MARA.O 2%, Bit Digital BTBT.O 6%, CleanSpark CLSK.O >4%

Ether-linked stocks ascend: BTCS BTCS.O 9%, Bitmine Immersion Technologies BMNR.A 6% and Sharplink Gaming SBET.O about 4%

ProShares Bitcoin Strategy ETF BITO.P and iShares Bitcoin Trust ETF IBIT.O both up >3%; iShares Ethereum Trust ETF ETHA.O leaps nearly 4%

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