Bitcoin price rises by 4.0% on Monday and recovers level of $ 110,000

It was a bullish day to start the week, since both shares and Crypto Coersen shot up during Monday’s session.

The S&P 500 and the Nasdaq both closed thanks to the strong performance of technology shares such as Tesla (Nasdaq: TSLA) and Palantir (Nasdaq: PLTR), while the Dow Jones closed flat. Investors pressed the purchase button early in anticipation of a possible trade agreement between China and the United States this week.

Bitcoin price rises to above $ 110,000

Bitcoin also picked up this signal and rose by more than 4.0%. This movement brought the Bitcoin Koers For the first time since May again above $ 110,000 and it is now 10% above the $ 100,000 low during last Thursday’s Sell-off. Bitcoin is now at less than 3.0% of the highest price level ever, just below $ 112,000, and could exceed that level if the situation remains Bullish this week.

Investors with lifting tree positions were flooded this week on both sides of the Bitcoin course. Thursday’s fierce fluctuation caused more than $ 1.9 billion in liquidations, with another $ 110 million on Monday.

Other crypto currency participated, because Ethereum climbed by 6.0% and broke through the $ 2,600 price. Solana, Cardano, Hyperliquid in Sui also performed better on Monday and benefited from the power of Bitcoin.

Crypto shares in the Lift

Cryptog -related shares also increased, and Strategy (Nasdaq: MSTR) seems to want to reach the $ 400 price again. MSST shares rose by almost 5.0%on Monday, after the company also announced a new purchase of Bitcoin to start the week. Strategy bought 1,045 BTC worth around $ 110 million. This brings the Bitcoin portfolio from Strategy to a total of 582,000 BTC. The total portfolio is valued at around $ 40.8 billion at an average purchase price of $ 70,086 per coin.

The shares of Coinbase (Nasdaq: COIN) increased by 2.13%, while the share continued to consolidate after the large increase last month. Coinbase saw an immediate increase in purchasing pressure after it was the first crypto share to be added to the S&P 500 index.

Robinhood (NASDAQ: HOOD) Fell by approximately 2.0% after the share had not been added to the S&P 500 last Friday. The sale was expected, since Robinhood’s share had risen nearly 40% in the last trade month awaiting a admission to the benchmark index. Sellers rather pressed the share in the session to a low point of $ 68, but buyers boarded and Robinhood again closed above $ 73.00 per share on Monday.