Bitcoin 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 sector's total market value to over $2.8 trillion.
This rise coincided with a collective increase in crypto company stocks, with Coinbase (COIN) jumping about 7%, Bitcoin mining company MARA rising nearly 10%, while MSTR increased by 8%.
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In contrast, Halliburton's (NYSE:HAL) shares fell after disappointing results in the first quarter of 2025, which included a 6.7% decline in revenues and a sharp drop in operating income of 56%, along with warnings of business challenges that may impact profits in the next quarter.