Oracle TikTok AI Deal Boosts Crypto Mining Stocks as Bitcoin Hits $88,000

A major partnership between Oracle and TikTok is fueling a rally in artificial intelligence (AI) and cryptocurrency mining stocks. The tech collaboration, centered on cloud and AI services, has increased investor confidence in sectors leveraging high-performance computing. This surge in sentiment coincides with Bitcoin (BTC) reaching a significant milestone of $88,000, highlighting growing institutional interest and positive market momentum. The combined effect of a landmark tech deal and a strong Bitcoin price performance is creating a bullish environment for related equities and the broader digital asset market.