Bitcoin’s price increase surpasses 115,000 USD, elevating crypto stocks significantly

As Bitcoin surged past 115,000 USD, it helped crypto stocks like Galaxy Digital rise by 10.7% after withdrawing substantial value from Binance. The optimistic environment is evident in the Fear and Greed Index reading 57, indicating a bullish market trend.

Despite overall gains, some companies such as Metaplanet saw losses of 8.5%. However, Circle Internet is on the brink of a technical breakout, which could reinforce bullish investor sentiment.

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