US crypto stocks closed with double-digit gains after Donald Trump’s election victory and Bitcoin hitting a new all-time high.

Coinbase Global Inc (COIN) rose 31.11% to $254.3, up 62.1% year-to-date.

Robinhood Markets Inc (HOOD) gained 19.6%, while Bitcoin miner MARA Holdings Inc (MARA) gained a similar amount.

MicroStrategy Inc (MSTR) rose more than 13%.

Other Bitcoin miners also saw strong gains: Riot Platforms Inc (RIOT) rose 26%, CleanSpark Inc (CLSK) rose 23%, and Hut 8 Corp (HUT) gained 11%.

Trump’s pro-crypto platform, Bitcoin reserve proposal, and Republican control of Congress could pave the way for crypto legislation.