
Bitcoin surged to a record high, crossing $87,500, driving significant market activity and causing most of Wall Street to roll higher. Blackrock's $IBIT ETF saw trading volumes of $1 billion within the first 35 minutes of market open, indicating strong inflows. Bitcoin-related equities like Microstrategy ($MSTR) and Coinbase ($COIN) experienced substantial gains, with Microstrategy reaching its all-time high from 24 years ago and Coinbase rising by 23%. The surge in Bitcoin also led to high trading volumes for $MSTR and $COIN, surpassing $10 billion, and outperforming major tech stocks such as Apple ($AAPL), Microsoft ($MSFT), Meta ($META), Amazon ($AMZN), and Google ($GOOG). Cleanspark ($CLSK) also saw notable activity.


