Bitcoin Just Surpassed a Key Level. It’s Driving These Crypto Stocks Higher.

Bitcoin climbed above $65,000 for the first time since early June, extending a 4.7% 24-hour gain to $66,777 as risk appetite improved after a tentative U.S.-Iran peace deal. The move lifted crypto-linked equities, especially Strategy, Coinbase Global, and Robinhood Markets. Strategy rose nearly 8% after disclosing it bought 1,587 bitcoin at about $63,024 each last week, bringing holdings to 846,842 bitcoin at an average cost of $75,656. Coinbase and Robinhood gained 7.4% and 6.8%, respectively, while smaller names such as Circle Internet Group and Gemini Space Station also advanced. The article frames the rally as a sentiment-driven move tied to easing geopolitical tensions and renewed optimism in crypto markets, with investors watching whether bitcoin can sustain momentum above the key $65,000 level.