Bitcoin price edges higher near $91,000 as Strategy buys $1.25B of BTC; Coinbase stock climbs

Bitcoin edged up Monday, along with a group of bitcoin-related stocks, as traders balanced a new Strategy buying surge against broader jitters over the Federal Reserve.

Bitcoin price hovers near $91,000 as ETF money turns; Strategy stock ticks up after MSCI call

Bitcoin price hovers near $91,000 as ETF money turns; Strategy stock ticks up after MSCI call

Bitcoin was last up 0.2% at $91,142 on Thursday, after sliding as low as $89,312 earlier in the session, and U.S.-listed crypto stocks finished mixed in extended trading. Strategy was up 3.2%, while Coinbase slipped 0.1%; miners Marathon Digital and Riot Platforms rose 3.7% and fell 1.0%, respectively.
Bitcoin price today steadies near $91,000 as Strategy stock climbs on MSCI index reprieve

Bitcoin price today steadies near $91,000 as Strategy stock climbs on MSCI index reprieve

Bitcoin steadied on Thursday after an early dip, while shares of Strategy rose with other crypto-linked stocks as investors digested MSCI’s latest move on index eligibility. Bitcoin was up about 0.4% at $91,152, after touching $89,312 earlier in the session, while Strategy gained about 4.7% and Coinbase added about 0.6%. Marathon Digital rose about 3.8%, while Riot Platforms slipped about 0.5%.
Bitcoin price today: BTC slips near $90,000 as ETF outflows weigh on crypto-linked stocks

Bitcoin price today: BTC slips near $90,000 as ETF outflows weigh on crypto-linked stocks

Bitcoin slipped on Thursday and kept U.S.-listed crypto-linked shares on the defensive in morning trade. The token was down about 0.9% at $90,380, after ranging between $91,640 and $89,312. Coinbase fell 0.2%, while Strategy slid 1.3% and BlackRock’s iShares Bitcoin Trust ETF was down about 0.8%; miner Marathon rose 0.8% but Riot fell 1.6%.
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US Stock Market Today Updates

AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 STRONG BUY

Kodiak Gas Services

NYSE:KGS • Energy infrastructure 88/100 • ★★★★☆
#2 STRONG BUY

Neurocrine Biosciences

NASDAQ:NBIX • Healthcare 87/100 • ★★★★☆
#3 STRONG BUY

Alphabet Class A

NASDAQ:GOOGL • Communication services 85/100 • ★★★★☆
#4 BUY ON WEAKNESS

Applied Materials

NASDAQ:AMAT • Semiconductor equipment 84/100 • ★★★★☆
#5 ACCUMULATE

JPMorgan Chase

NYSE:JPM • Financials 80/100 • ★★★★☆
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Editorial model selection. Not personalised advice.
MARKET CALENDAR

Key Events Today

The catalysts most likely to move markets.

#1

Consumer Confidence • 10:00 ET

A large surprise can reset expectations for household spending and near-term growth, with read-through to Treasuries, USD and cyclical stocks.

#2

New Home Sales • 10:00 ET

Housing remains highly rate-sensitive; the print can move homebuilders, mortgage-sensitive names and the long end of the Treasury curve.

#3

Intuit earnings • After close

Guidance can influence software multiples and sentiment around U.S. small-business activity.

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Times and estimates may change. Verify before trading.