Stocks surged after Trump-Musk feud settled, boosting crypto market

From Yahoo Finance: 2025-06-06 18:45:00

Stocks surged as Trump-Musk feud settled, boosting crypto market on June 7. Strategy (Nasdaq: MSTR) rebounded by 1.69% to $375.01. Coinbase (Nasdaq: COIN) gained 4% to $254.31. Robinhood (Nasdaq: HOOD) rose 5% to $76.24. Bitcoin miners caught in Musk-Trump clash on social media. MARA Holdings (MARA) climbed 7.02% to $15.93. Hut 8 Group (HUT) rallied 14.83% to $18.74. HIVE Digital (Nasdaq: HIVE) and Bitdeer (Nasdaq: BTDR) both recovered by 9% and 11% respectively. Circle Internet Group (NYSE: CRCL) debuted impressively, up 40% to $116.07. Musk critiqued Trump’s “big, beautiful bill,” sparking feud that shook markets.

Read more: Stocks rally as Trump-Musk feud cools down