Bitcoin rebounds from weekend sell-off, cryptocurrency stocks soar

robot
Abstract generation in progress

Investing.com – Strategy (NASDAQ:MSTR) stock rose 7.6% on Monday, after Bitcoin climbed 5.9%, driving a rally in cryptocurrency-related stocks.

Coinbase (NASDAQ:COIN) increased by 5.4%, Circle Internet soared 13%. Bitcoin mining stocks also generally rose, with MARA Holdings (NASDAQ:MARA) up 6%, CleanSpark (NASDAQ:CLSK) up 5.5%, and Riot Platforms (NASDAQ:RIOT) up 2%.

Bitcoin fell to a low of $63,038 over the weekend, amid fears of an attack on Iran. The cryptocurrency reversed course in Monday’s early trading, rallying to a high of $69,615 as the rebound momentum from the lows strengthened.

Despite multiple tests, the support level around $63,000 has held, and Bitcoin’s year-to-date low remains at $60,000.

This article was translated with the assistance of artificial intelligence. For more information, please see our Terms of Use.

BTC-1,48%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)