Crypto equities climbed by more than 10% in pre-market trading. MicroStrategy added 12%, approaching $255, just a few percentage points away from a record that would be almost 280% higher year-to-date. Coinbase is also 12% higher, approaching $220 a share. Bitcoin miners Riot, Marathon and IREN all gained more than 10%. Other notable mentions include Metaplanet which rose 24% and is now up over 1,100% year-to date. This comes after Semler Scientific saw a 30% increase in its share price yesterday, taking the shares to $39. André Dragosch, head of research in Europe at Bitwise, told CoinDesk that the initial stock-market reaction highlights the optimism that a more pro-crypto regime will provide the catalyst for a renewed bull run.
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