US Crypto Stocks Surge as Institutional Interest Grows

2 mins mins

Key Points:

Crypto stocks rise sharply on July 8, reflecting market optimism.
No direct announcements from key executives or regulatory changes present.
Bitcoin dominance provides a supportive backdrop for institutional flows.

Crypto stocks surge as investor interest spikes. Get insights on July’s key market movements.

Stocks of SharpLink Gaming, Bit Digital, Bakkt Holdings, and IREN Ltd saw significant increases. These companies are involved in digital assets, demonstrating heightened market confidence in the sector. Bit Digital, for example, surged more than 19%. Bakkt Holdings and IREN Ltd also registered notable gains, 7% and 5%, respectively.

Crypto Stocks See Sharp Price Rally Amid Bitcoin Stability

SharpLink Gaming, Bit Digital, Bakkt Holdings, and IREN Ltd experienced a notable price rally on July 8, with SharpLink Gaming surging over 21%.

The surge highlights growing investor interest in crypto stocks amid rising Bitcoin dominance and positive sentiment around institutional Bitcoin adoption.

No public statements available addressing the July 8th surge. — Bryan Bullett, CEO, Bit Digital

Bitcoin’s Market Dominance Supports Institutional Inflows

Did you know? Surges in crypto-exposed stocks often align with Bitcoin approaching all-time highs, highlighting market optimism similar to the conditions seen in July 2025.

Bitcoin (BTC) maintains strong performance, reflecting growing market sentiment. As of July 8, 2025, BTC trades at $108,976.12 with a market cap of $2.17 trillion and dominance at 64.44%. The price shows momentum with recent gains of 0.71% over 24 hours and 40.63% over 90 days, according to CoinMarketCap.

bitcoin-daily-chart-2051 — Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 13:51 UTC on July 8, 2025. *Source: CoinMarketCap*

Coincu’s research team suggests that ongoing institutional activity combined with stable regulatory actions may continue to support favorable market dynamics. With ETFs being a consistent factor, the technological advancement in blockchain and steady development in Bitcoin’s infrastructure are poised to enhance the sector’s growth. Market proponents continue to watch potential regulatory shifts within stablecoin and crypto-asset measures.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.