Crypto shares surged on Monday. Bakkt Holdings up 16%; Canaan up 14%; BitMine up 6%; CleanSpark, Circle up about 5%; Upexi up 4%.
Bitcoin rose on Monday, recovering from multi-week lows as signs of accumulation by large holders offered some support after heavy outflows last week.
The world’s largest cryptocurrency climbed above $113K, after dropping to a three-week low below $109,000 last week.
World no.2 crypto Ethereum hovered around $4,200, after dropping over 10% last week.