Bitcoin's price jumped to over $90,000 on Tuesday, for the first time since March, driven by a strong rally in the cryptocurrency market that raised the total market capitalization of the sector to over $2.8 trillion.

This surge coincided with a collective rise in crypto company stocks, with Coinbase (COIN) jumping by about 7%, Bitcoin mining company MARA rising by nearly 10%, while MSTR increased by 8%.

In contrast, Halliburton's (NYSE:HAL) shares fell after disappointing results in the first quarter of 2025, which included a 6.7% decline in revenue and a sharp drop in operating income of 56%, along with warnings of business challenges that could affect earnings in the next quarter.