Reported about 9 hours ago
Bitcoin saw a 2.5% rise on Monday, reclaiming the $111,000 mark and lifting various crypto stocks as the market begins to stabilize after an October sell-off. Analysts suggest that Bitcoin is in a re-accumulation phase, supported by steady institutional demand. Stocks like MicroStrategy and crypto trading platforms also experienced gains, while optimism grew with potential policy shifts from Japan's financial regulator towards cryptocurrencies. Other digital assets, including Ethereum, also rebounded, indicating an overall recovery in the market.
Source: YAHOO