BTC's breakout lifts crypto equities and miners in pre-market trading
Summary
Bitcoin surged past $92,000, briefly hitting $93,000 during Monday's Asian morning, which positively impacted crypto-related equities and technology stock futures in pre-market trading. MicroStrategy (MSTR) rose 3.5% and is expected to announce another bitcoin purchase soon, while its perpetual preferred equity (STRC) neared par value after raising its dividend rate to 11%. Another bitcoin treasury company, Strive (ASST), saw a 12% increase, approaching $1 per share. AI-related miners also extended gains, with Cipher Mining (CIFR) and IREN (IREN) up over 2%, following significant rallies on Friday. Hive Digital (HIVE), MARA Holdings (MARA), Riot Platforms (RIOT), and CleanSpark (CLSK) also posted gains between 3% and 6%. Concurrently, metals like gold and silver rallied 2% and 4% respectively, influenced by developments in Venezuela and the U.S., while the DXY index slightly increased toward 99.
(Source:CoinDesk)