TradingKey – Bitcoin’s rebound has sparked a broad rally in crypto-related equities, but can the momentum hold?

On Monday (U.S. Eastern Time), Bitcoin (BTC) surged back above $110,000, restoring market confidence and lifting crypto-linked stocks across the board. Notable movers included:

• Robinhood (HOOD): up over 4%

• Circle (CRCL): up more than 3%

• Coinbase (COIN) and MicroStrategy (MSTR): both gained over 2%

Meanwhile, Bitcoin mining stocks saw even stronger gains. Canaan Inc. (CAN) spiked more than 30% intraday, hitting a 2025 high of $2.22.

Canaan Inc. Stock Price Chart – Source: TradingView

However, on Tuesday, Bitcoin pulled back nearly 3%, falling below the $110,000 mark to trade at $108,047. This poses a challenge for crypto equities—if BTC fails to hold above $110K, these stocks may give back Monday’s gains.

Bitcoin Price Chart – Source: TradingView

Looking ahead, two key macro events could act as catalysts:

• Tuesday: The Federal Reserve’s Payments Innovation Conference, which will cover topics like tokenization, DeFi, and stablecoin use cases

• Friday: The release of U.S. CPI data, which could influence both Bitcoin and crypto stock price action