Bitcoin Ends 5-Day Losing Streak — Crypto Stocks Surge in U.S. Pre-Market Trading
Source Tradingkey
TradingKey – On Monday, August 4, Bitcoin (BTC) rebounded sharply, rising over $2,000 to $114,000, snapping a five-day losing streak that began on July 28.
The cryptocurrency had dropped nearly 6% from its recent high of $119,000, bottoming out at $112,000 before recovering.
Bitcoin Price Chart – Source: TradingView
Bitcoin’s recovery helped lift sentiment across crypto-related stocks in pre-market trading:
- Windtree Therapeutics (WINT): +8%
- SharpLink Gaming (SBET), GameSquare (GAME), Riot Platforms (RIOT): all up ~4%
- Coinbase (COIN), Strategy (MSTR), Circle (CRCL): each gained ~2%
This synchronized bounce reflects renewed investor confidence as BTC stabilizes above key support levels.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
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