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Bitcoin Surges 5% to $77,800, Lifting Proxy Stocks Strive 13% and Bitmine 5%

Bitcoin climbed ~5% to around $77,800 while Ethereum rose ~5.5% to $2,444 on April 17, 2026, boosting crypto proxy equities amid a tactical bounce in a YTD pullback. Strive (ASST) soared 12-13% due to its 13,628 BTC treasury, amplifying BTC's gains in its NAV; Bitmine (BMNR) gained ~5% from its ~3.73 million ETH holdings worth nearly $10 billion. The rally drew analyst attention and options activity, but volatility persists with BTC down 11% and ETH down 17% year-to-date, signaling potential for amplified short-term swings.

Category

Bitcoin

Sentiment

Bullish

Event

Price movement

Reading time

1 min