Strategy Rallies 8%, MARA Holdings Climbs 6%, Coinbase Jumps 5% as Bitcoin Breaks Out of Its 2026 Range

Bitcoin‘s (CRYPTO:BTC) break above its 2026 ceiling is pulling every crypto-linked equity higher Friday morning, but the moves are stacking in very different sizes across the group. The leverage in each business model is doing the sorting.

Strategy (NASDAQ:MSTR | MSTR Price Prediction) stock is up 8% to $120.86. MARA Holdings (NASDAQ:MARA) shares are climbing 6% to $11.81. Furthermore, Coinbase (NASDAQ:COIN) stock is jumping 5% to $180.54, and the Valkyrie Bitcoin Miners ETF (NASDAQ:WGMI) is advancing 3% to $48.50.

Broad-market risk assets are up. The S&P 500 is up 0.37%, and the NASDAQ 100 is up 0.52%. Crypto is rallying amid that backdrop.

Bitcoin Breaks Its 2026 Cage

Bitcoin is up 7% over the past 24 hours to $77,118.89, decisively above the $60,000 to $70,000 band that contained it for most of 2026 and its highest level since late May. Ethereum (CRYPTO:ETH) is up 5% to $2,384.78, riding the same wave.

Two catalysts are behind the breakout. President Trump used a White House summit this week to urge Congress to advance the Clarity Act, a regulatory framework for U.S. crypto that has repeatedly stalled over classification of cryptocurrencies and treatment of stablecoin yields. Separately, the U.S. Treasury announced plans to double its bond buybacks to contain rising yields after the 30-year Treasury reached its highest level since 2007.