Bitcoin Tops $90,000 as Cryptocurrencies Rebound, Boosting BMNR, MSTR and Other Crypto Stocks

Jerry Kronenberg joined discussion · Dec 2, 2025 09:08

Bitcoin, Ethereum and other cryptocurrencies rebounded Tuesday from a sharp sell-off Monday, helping push $Bitmine Immersion Technologies (BMNR.US)$, $Strategy (MSTR.US)$ and other crypto-related stocks upward as well.

$Bitcoin (BTC.CC)$ rose 6.1% to $90,626 as of shortly before 10:30 a.m. New York time Tuesday, one day after the cryptocurrency fell roughly 4.5% on some exchanges.

Similarly, $Solana (SOL.CC)$ added 8.9% to $135.61 as of shortly before 10:30 a.m. New York time on Tuesday, while $Ethereum (ETH.CC)$ gained 7.4% to $2,957.81 and $Ripple (XRP.CC)$ rose 6% to $2.13.

Cryptocurrencies have been trading volatilely but mostly grinding lower over the past several weeks as Wall Street adopted a "risk-off" stance toward formerly hot investments like crypto and Big Techs.

However, Tuesday's rebound for cryptocurrencies sent multiple crypto-related stocks bouncing as well after many had fallen on Monday. Gainers as of shortly before 10:30 a.m. New York time included:

-- $Bitmine Immersion Technologies (BMNR.US)$, up 9.6%.

-- $Strategy (MSTR.US)$, 6.9% better after hitting a 14-month intraday low Monday.

-- $Applied Digital (APLD.US)$, up 5.8%.

-- $CleanSpark (CLSK.US)$, 5.3% firmer.

-- $Circle (CRCL.US)$, 5.1% stronger.

-- $Coinbase (COIN.US)$, 4.4% higher.

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