The share prices of crypto-focused companies jumped this week amid the wider market upturn that sent Bitcoin to multiple all-time highs and despite a lull on Friday in equity indexes.

Coinbase and Strategy both rose about 9% and 12%, respectively, over the past five days, according to Yahoo Finance data. Stock and crypto trading platform Robinhood climbed 5%. The stock prices of major Bitcoin miners also spiked with MARA Holdings soaring about 12%.

Those gains have come as Bitcoin rose above $118,500 at one point Friday, up more than 9% from Monday and about 6% above its previous all-time high, according to crypto markets data provider CoinGecko, leading a wider upturn in crypto prices. Institutional investors growing embrace of digital assets coupled with increased hopes for market-bolstering interest rate cuts and a timely endorsement by U.S. President Donald Trump fueled the surge.

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Author: Mathew Di Salvo