Crypto Market Mood Lifted as Amazon Pours $50B Into AI Infrastructure

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Crypto Market Mood Lifted as Amazon Pours $50B Into AI Infrastructure The price of bitcoin jumped back above $87,000 and crypto miners with a focus on AI/high-performance computing are surging. By Helene Braun , AI Boost | Edited by Stephen Alpher Nov 24, 2025, 5:10 p.m. (Marques Thomas/Unsplash) What to know : Amazon announced a $50 billion investment in AI and supercomputing infrastructure in the U.S. Markets are rallying across the board, with bitcoin retaking the $87,000 level and the Nasdaq rising more than 2%. Bitcoin miners, many of whom have shifted business models to focus on AI/HPC, are surging double-digit percentages in some cases. Last week's flush lower across markets — particularly crypto markets — is seeing at least a temporary reversal Monday, with investors cheered by Amazon's (AMZN) plans to invest up to $50 billion to expand artificial intelligence and supercomputing infrastructure for the U.S. government. The news has helped send the Nasdaq higher by 2.3% at the noon hour on the east coast and the S&P 500 by 1.4%. STORY CONTINUES BELOW Don't miss another story. Subscribe to the Crypto Daybook Americas Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy . The risk-on attitude of markets is spreading to crypto, boosting bitcoin BTC $ 86,993.04 back to $87,300 after nearly falling through $80,000 at one point on Friday. Bitcoin still remains lower by more than 7% on a week-over-week basis. The largest beneficiary of the Amazon news for now are the bitcoin miners who have tweaked business models to focus on AI infrastructure and high-performance computing. Cipher Mining (CIFR) surged 18%, while CleanSpark (CLSK) and IREN (IREN) gained 13%. Hut 8 (HUT) was higher by 9%. Other crypto-related names in the green include Coinbase (COIN), Galaxy Digital (GLXY) and Bullish (BLSH), all sporting advances of 4%-5%. Bitcoin Mining AI Breaking News Bitcoin News AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards . For more information, see CoinDesk's full AI Policy . More For You Protocol Research: GoPlus Security By CoinDesk Research Nov 14, 2025 Commissioned by GoPlus What to know : As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M. GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month. Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B. View Full Report More For You Rumble Gains 13% After Tether Boosts Stake by 1M Shares By Krisztian Sandor | Edited by Stephen Alpher 24 minutes ago The advance occurred alongside a rally in data center and high-performance computing stocks. What to know : Rumble's stock surged 13% as crypto company Tether increased its stake by purchasing 1 million shares last week. The rally was buoyed by gains in data center and cloud computing stocks. Rumble known for its video-sharing platform, is set to acquire data center firm Northern Data, enhancing its cloud division with 22,000 Nvidia chips. Read full story Latest Crypto News Rumble Gains 13% After Tether Boosts Stake by 1M Shares 24 minutes ago Monad’s MON Token Stumbles Out of the Gate in Trading Debut After Slow Token Sale 1 hour ago What Next for DOGE Price as Grayscale's GDOG ETF Debuts? 1 hour ago Bitcoin’s $1T Rout Exposes Fragile Market Structure, Deutsche Bank Says 2 hours ago XRP Slides to $2.08 as Grayscale’s GXRP ETF Debut Fails to Ignite Market 2 hours ago BitMine Immersion Added Nearly 70K Ether Last Week, Now Holding 3% of ETH Supply 2 hours ago Top Stories Monad’s MON Token Stumbles Out of the Gate in Trading Debut After Slow Token Sale 1 hour ago Bitcoin’s $1T Rout Exposes Fragile Market Structure, Deutsche Bank Says 2 hours ago BitMine Immersion Added Nearly 70K Ether Last Week, Now Holding 3% of ETH Supply 2 hours ago Bitcoin ETFs, Led by BlackRock's IBIT, See Record $40B Trading Volume as Institutions Capitulate 11 hours ago Citigroup Warns of Bitcoin Halving-Season Chill as Prices Sink, ETF Outflows Near $4B 3 hours ago Upbit Seeking Nasdaq IPO Following Merger With Naver: Bloomberg 4 hours ago In this article BTC BTC $ 86,993.04 ◢ 0.26 %