Crypto-linked stocks rise as Bitcoin tops $85,000 amid oversight proposals

  • Crypto-linked stocks advanced in U.S. trading as Bitcoin rose above $85,000, with Coinbase, MARA, Strategy, Circle, Bitmine, Robinhood and BNC among the gainers.
  • Bitcoin reached $85,229.44, while reported gains included Coinbase at 5.81% in premarket data and Strategy at 9.68%, with another report citing 10.01% to $168.60.
  • The move followed the Clarity Act's Senate setback and September 17 joint crypto market-structure proposals from the CFTC and SEC; reported stock gains varied by source and trading snapshot.

Crypto-linked stocks traded broadly higher in U.S. trading on Sept. 21 as Bitcoin climbed above $85,000, with Coinbase, MARA Holdings, Strategy, Circle, Bitmine, Robinhood and BNC among the gainers. Bitcoin reached $85,229.44, its highest level since Jan. 29. Coinbase rose 5.81% to $205.54 and MARA gained 4.53% to $13.84 in Monday premarket data, while BlockBeats later reported Coinbase up 6.02%, Strategy up 9.68%, Circle up 7.71%, Bitmine up 6.6%, Robinhood up 4.11% and BNC up 8.03%. A separate Binance-data report put Strategy's gain at 10.01% to $168.60, creating a discrepancy between reported figures. The rally followed the Clarity Act's failure to advance in the U.S. Senate and joint market-structure proposals introduced on September 17 by the Commodity Futures Trading Commission and Securities and Exchange Commission.

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