Stock Track | Canaan Inc. Surges 12.61% as Bitcoin Hits $106,600 and Crypto Stocks Rally

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Canaan Inc. (CAN), a leading provider of supercomputing solutions and Bitcoin mining hardware, saw its stock soar 12.61% in Sunday's trading session. The significant uptick comes amid a broader rally in cryptocurrency-related stocks, fueled by Bitcoin's surge to $106,600.

The crypto market witnessed a substantial boost, with Bitcoin reaching a new all-time high and Ethereum climbing to $3,645. This bullish trend in the cryptocurrency space has sparked renewed investor interest in crypto-related stocks, driving up their values across the board.

Other crypto stocks also experienced notable gains in overnight trading. GAME led the pack with a 14% increase, followed by BMNR at 10%. Canaan, along with BTBT, saw a 9% rise, while BTCS jumped 8%. Bitfarms and SBET both increased by 5%, with Strategy and Coinbase rounding out the list with 4% gains. This widespread rally underscores the strong correlation between cryptocurrency prices and the performance of related stocks.

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Surges 12.61% as Bitcoin Hits $106,600 and Crypto Stocks Rally\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time smaller\">2025-11-10 09:16</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Canaan Inc. (CAN), a leading provider of supercomputing solutions and Bitcoin mining hardware, saw its stock soar 12.61% in Sunday's trading session. The significant uptick comes amid a broader rally in cryptocurrency-related stocks, fueled by Bitcoin's surge to $106,600.</p>\n\n<p>The crypto market witnessed a substantial boost, with Bitcoin reaching a new all-time high and Ethereum climbing to $3,645. 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