MSTR, COIN, CRCL, BMNR Stocks Rally With Bitcoin Within $500 Of September Peak

Key Summary

Bitcoin has reached within $500 of its late-September peak, prompting a rally in crypto-linked stocks MSTR, COIN, CRCL, and BMNR. MSTR and CRCL gained around 3% in premarket trading, while COIN and BMNR rose roughly 2.5%. Bitcoin's move marked its second failed attempt in a week to break through the late-September high. MSTR was the only one of the four crypto-linked stocks with retail sentiment in the 'bullish' territory on Stocktwits over the past day.