Coinbase, Strategy lead crypto stocks higher as bitcoin spikes above $72,000

Crypto-related equities saw large gains at the Wednesday open, rebounding from Tuesday's selloff. What to know : Crypto-related stocks rallied at the open of Wednesday's U.S. session as bitcoin briefly climbed above $72,000 for the first time in nearly a month. COIN, MSTR, GLXY, HOOD surged 8%-12%, with miners BITF, HUT, IREN also bouncing. Bitcoin's move into the closely watched $70,000 to $72,000 range, which has capped recent rallies, is a key test of whether the latest advance can be sustained.