US Stock Market Move | Concept stocks in the currency circle mostly rebounded, with Circle (CRCL.US) rising more than 6%.
Most of the concept stocks in the currency circle rebound.
On Monday, most of the concept stocks in the cryptocurrency industry rebounded. As of press time, Strategy (MSTR.US) rose over 1%, SharpLink Gaming (SBET.US) rose nearly 2%, Bitmine Immersion Technologies (BMNR.US) rose over 3.7%, Coinbase (COIN.US) rose 0.7%, and Circle (CRCL.US) rose over 6%. Bitcoin experienced a flash crash last Friday, with over $19 billion in cryptocurrency futures contracts being liquidated. 1.62 million people were liquidated, with 90% of them in long positions. According to Lookonchain statistics, after the market crash, Tether and Circle issued stablecoins worth $1.75 billion in total.
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