Bitcoin Smashes $80,000 as Crypto Stocks Explode Higher
Bitcoin crossed $80,000 for the first time, sending crypto-related stocks soaring as investors bet on friendlier regulation and growing demand for exchange-traded funds.
Bitcoin has crossed $80,000 for the first time, setting a new record and igniting sharp gains in cryptocurrency-related stocks [245474][244312]. The world's largest cryptocurrency hit the milestone on Sunday, marking a more than doubling in value this year [244312].
Strategy, formerly known as MicroStrategy and the public company holding the most Bitcoin, climbed 12% [244312]. Coinbase, the largest United States cryptocurrency exchange, jumped 10% [244312].
The rally follows growing demand for Bitcoin exchange-traded funds (ETFs), which are investment funds that track Bitcoin's price and trade on stock exchanges [244312]. Investors are also betting that the incoming United States administration will take a friendlier stance on crypto [244312].
The surge reflects growing investor confidence in digital assets, with Coinbase leading gains as crypto stocks climbed broadly [245474].
Separately, Bitcoin and Ethereum prices rose on Friday, September 18, 2026, as investors moved past the failure of the CLARITY Act [244299]. The CLARITY Act was a proposed law meant to set clear rules for digital assets in the United States [244299]. Its failure in Congress had been expected to weigh on crypto markets, but prices climbed instead [244299]. Market observers said the reaction suggests investors had already priced in the bill's defeat, and attention shifted back to broader market trends [244299].