Crypto stocks jump as bitcoin rallies 5%

Hut 8

18/09/2026 17:30

** Shares of cryptocurrency and blockchain-related companies jump as bitcoin BTC= and ethereum ETH= rally 
** Bitcoin, the world's biggest cryptocurrency, jump 5.7% to $80,941.54; ether ETH= leaps 5.9% to $2,594.32
** Crypto mkt value rose despite Fed, BoJ rate hikes — suggesting they were priced in, says Alice Liu, head of research, CoinMarketCap
** "More important question now is how higher funding costs affect positioning" - Liu 
** USD gains against the yen on Friday the BOJ rate hike, but investors doubtful of further increases FRX/ 
** Crypto exchange Coinbase Global COIN.O jumps 11.2%, while bitcoin bull Strategy MSTR.O soars ~12.9%
** Trading platform Robinhood Markets HOOD.O gains 7.8%
** Crypto miners Riot Platforms Inc RIOT.O MARA Holdings MARA.O, Hut 8 HUT.O and Bit Digital BTBT.O ahead 3%-10% each
** BTC buyer Strategy MSTR.O leaps 12.12% 
** BTC mining machine makers Ebang International EBON.O and Canaan Inc CAN.O climb 7.8% and 20%, respectively  
** ProShares Bitcoin Strategy ETF BITO.P adds 5.9%; iShares Bitcoin Trust ETF IBIT.O rises 6%
** YTD, including session, BTC down 7.6% , ETH down 7.7% 

 (Reporting by Darshan Kumar in Bengaluru)
 ((darshan.kumar@thomsonreuters.com))