Bitcoin surged in the short term, currently up more than 2%, reclaiming levels above $103,000.
According to Zhitong Finance APP, Bitcoin surged briefly on Wednesday, with gains exceeding 2%, surpassing $103,000 again. U.S.-listed cryptocurrency-related stocks rose, with Bitmine Immersion Technologies (BMNR.US) up over 6%, IREN Ltd (IREN.US) rising more than 8%, MARA Holdings (MARA.US) gaining over 4%, Coinbase (COIN.US) increasing by more than 2.7%, Robinhood (HOOD.US) climbing over 2%, Circle (CRCL.US) advancing over 1.8%, and Strategy (MSTR.US) rising more than 1.6% as of the time of writing.