markets

Matt Phillips3/16/26

Bitcoin’s push toward $74,000 leads crypto-linked stocks higher

Crypto-linked stocks such as Coinbase, MARA Holdings, Strategy, Cipher Digital, and IREN are up early as bitcoin’s recent bounce continues.

Shortly before 9 a.m. ET, Bitcoin was trading around $74,000, near its highest levels since the US-Israeli strikes on Iran on February 28 that marked the start of open hostilities.

Bitcoin is up roughly 25% since it slipped below $60,000 in intraday trading on February 6. Crypto watchers are spotlighting the neighborhood of roughly $77,800 — near the 50-day moving average — as the next price point to watch to see whether the recovery could stick.

Bitcoin continues to climb despite war with Iran, oil price shock

Bitcoin continues to climb despite war with Iran, oil price shock

Shortly before 9 a.m. ET, Bitcoin was trading around $74,000, near its highest levels since the US-Israeli strikes on Iran on February 28 that marked the start of open hostilities.

Bitcoin is up roughly 25% since it slipped below $60,000 in intraday trading on February 6. Crypto watchers are spotlighting the neighborhood of roughly $77,800 — near the 50-day moving average — as the next price point to watch to see whether the recovery could stick.

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markets

J. Edward Moreno7/7/26

SpaceX gets a wave of bullish ratings from Wall Street analysts

SpaceX received more than a dozen positive analyst calls on Tuesday — including from major Wall Street banks — as they initiate coverage on Elon Musk’s space and AI company.

SpaceX went public on June 12 at a $2.2 trillion valuation, the largest debut in history. While the company hasn’t yet posted a profit, it seems to have convinced Wall Street that it will get there and grow its valuation on the way.

Of the at least 17 analysts that gave a rating on Tuesday, all but one gave it a “buy” or “outperform” rating. MoffettNathanson was "neutral."

The ratings come as SpaceX joined the Nasdaq 100 index, a benchmark tech-heavy basket of companies that underpins millions of portfolios. The inclusion adds built-in demand for the stock from index funds and ETFs.

Still, SpaceX fell more than 5% on Tuesday amid a broader sell-off, and is currently effectively flat from its opening price of $150 a share.

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