U.S. crypto-related stocks looked set to start the week on a positive note after bitcoin (BTC) climbed through $72,000 for the first time since mid-March as its reward halving draws closer. Coinbase (COIN), the only U.S. traded crypto exchange, gained 4.9% in pre-market trading, MicroStrategy (MSTR), the largest corporate holder of bitcoin, rose 10% and BlackRock’s bitcoin exchange-traded fund (IBIT), added around 6.5%. Bitcoin advanced 4.4% over 24 hours while the CoinDesk 20 Index, a measure of the broader crypto market, rose 4.1%. Other tokens rising on Monday included meme coins dogwifhat, which gained 18%, and pepe, which rose 10%. According to trader Michaël van de Poppe, there is still a lot of momentum to be gained for altcoins as bitcoin dominance continues to peak pre-halving. “They [altcoins] are super undervalued,” van de Poppe said in a post on X.
Binance listing sparks gains for COW and CETUS tokens
COW and CETUS tokens spiked after Binance added support for spot trading. Gains also came as Bitcoin led crypto prices...
