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Crypto

Bitcoin Surges Past $85,000, Cryptocurrency-Related Stocks Follow

Guavy AI Editorial Team
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Cryptocurrency-related stocks rallied on Monday as Bitcoin broke through the $85,000 mark and surged more than 5% during the day. Ethereum also saw gains, rising over 3% to trade at $2,722. The rally was not limited to just these two assets, however, with several other cryptocurrency-related stocks showing significant increases.

Zhitong Finance reported that Strategy (MSTR.US) led the pack, gaining more than 7.5%, while Coinbase (COIN.US), Circle (CRCL.US), and Bitmine Immersion Technologies (BMNR.US) all saw gains of over 5%. Robinhood (HOOD.US) advanced nearly 2% and SharpLink (SBET.US) rose over 5%.

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