Crypto-related stocks showed broad-based gains. Bitcoin recovered from around $60,000 and approached $69,000. Ethereum also surged strongly, surpassing $2,000.
Along with this movement, Coinbase gained around 14%, Circle rose 34%, Strategy increased 9%, and BitMine gained around 12%. Marathon and other mining stocks also performed positively.
Short position liquidations and ETF flows supported this rally. Crypto stocks signaled a recovery from the pressure of recent weeks. Investors are closely watching the rebound. #CryptoRelatedStocksRallyBroadly
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Crypto-related stocks showed broad-based gains. Bitcoin recovered from around $60,000 and approached $69,000. Ethereum also surged strongly, surpassing $2,000.
Along with this movement, Coinbase gained around 14%, Circle rose 34%, Strategy increased 9%, and BitMine gained around 12%. Marathon and other mining stocks also performed positively.
Short position liquidations and ETF flows supported this rally. Crypto stocks signaled a recovery from the pressure of recent weeks. Investors are closely watching the rebound.
#CryptoRelatedStocksRallyBroadly