Bitcoin Trades Near $66,000 as Crypto Stocks Rise
Key Takeaways
- Bitcoin rose Monday, lifting shares of stocks linked to the cryptocurrency.
- The moves came as broader markets, including the tech-focused Nasdaq Composite, rose to start the week.
- They also follow statements from Vice President Kamala Harris and former President Donald Trump that could signal Washington may move toward a more crypto-friendly outlook.
Bitcoin (BTCUSD) rose Monday, lifting shares of Coinbase Global (COIN) and other stocks linked to the cryptocurrency.
The price of bitcoin was recently near $66,000, rising some 6% over the past 24 hours according to CoinDesk data. That helped shares of companies like crypto exchange Coinbase, major bitcoin holder MicroStrategy (MSTR) and crypto mining company Marathon…
