Bitcoin clears $80,000 as crypto stocks rally

Bitcoin moved above $80,000 as U.S. trading closed, and shares tied closely to the crypto market rose with it, led by Coinbase. The move matters because public companies such as Coinbase give stock investors a more familiar way to bet on crypto activity: when prices and trading interest rise, investors often expect more trading volume and stronger revenue for the exchange. That relationship is not automatic—Coinbase’s business depends on more than Bitcoin’s price—but its stock and those of mining and crypto-holding companies often move more sharply than the token itself. The $80,000 mark is mainly a widely watched price threshold, and Bitcoin’s move above it coincided with a broader rally across listed crypto businesses.