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Cole Declares Bitcoin Bear Market Over, Treasury Stocks Surge

Guavy AI Editorial Team
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Strive (NASDAQ:ASST) stock surged 5% to $19.09 in early Monday trading after CEO Matt Cole declared that the Bitcoin bear market is over, citing a breakout against both the U.S. dollar and gold.

Cole's statement came as Bitcoin rose 2% to $78,987.45 over the past 24 hours, with Ethereum up 2% to $2,508.83 on the same tape.

Strategy (NASDAQ:MSTR) stock also jumped 3% to $123.05, while Bitmine Immersion Technologies (NYSE:BMNR) rose 3% to $23.50.

The treasury complex is moving in tandem with Strategy and Strive stocks, as SharpLink (NASDAQ:SBET) climbed 2% to $8.10.

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