US Stock Market Move | The concept stocks of cryptocurrency rebound collectively, and Circle (CRCL.US) surged by more than 11%.

On Monday, the concept stocks of cryptocurrencies collectively rebounded. Circle (CRCL.US) surged over 11%, Bitmine Immersion Technologies (BMNR.US) rose over 8%, Coinbase (COIN.US), Robinhood (HOOD.US), and Strategy (MSTR.US) all rose over 7%, while CleanSpark (CLSK.US) and MARA Holdings (MARA.US) rose over 5%. In terms of news, the price of Bitcoin surged over 4%, surpassing $66,000; Ethereum skyrocketed nearly 10%, surpassing $1,800. Michael Saylor, the founder of Strategy, announced on social media that the company has recently purchased 1,587 Bitcoins, investing about $100 million, increasing its total Bitcoin reserves to 846,842. Currently, Strategy remains one of the largest publicly traded companies in terms of Bitcoin holdings globally. Additionally, according to the latest chairman's letter from Bitmine, the company has added 76,881 Ethereum (ETH) in the past week, continuing its high-frequency buying pace. The company believes that the current ETH price correction does not reflect the improvement in Ethereum's fundamentals, and considers the cryptocurrency market to be in the early stages of a bull market.