Key Highlights
- Bitcoin’s price neared its all-time peak, driving up stock values for companies associated with cryptocurrency.
- The leading cryptocurrency received positive momentum recently, following an executive order from President Trump that potentially allows crypto investments in 401(k) plans.
- Shares of Strategy, the company holding the largest Bitcoin reserves, and Coinbase Global, a significant crypto exchange, experienced a surge in early trading today.
Cryptocurrency markets are starting the week with renewed energy.
Shares of Strategy (MicroStrategy, MSTR), a major corporate Bitcoin holder, along with crypto trading platforms like Coinbase (COIN) and Robinhood Markets (HOOD), and other cryptocurrency-related businesses, saw gains on Monday. This surge occurred as Bitcoin’s value approached its record high of over $123,000.
Bitcoin, the dominant digital currency, has been trading above $120,000, representing an increase of almost 30% since the start of the year. This positive trend was fueled by President Donald Trump’s recent executive order. This order potentially paves the way for employees to include cryptocurrency and other alternative investments in their 401(k) retirement plans.
In premarket trading, Strategy, previously known as MicroStrategy, was up almost 3%. Coinbase experienced a gain of over 3%, while Robinhood increased by nearly 2%. Ether’s value was also strong, trading close to $4,200.
TradingView
Trump indicated that the purpose of the order was to “reduce the regulatory obstacles and legal risks” that restrict access to such investments. He has urged both the Labor Department and the Securities and Exchange Commission to assist companies in identifying methods to incorporate these assets into their employer-sponsored retirement programs.
As of Friday’s market close, Microstrategy shares had increased by approximately one-third of their value since the start of the year. Coinbase Global shares have risen by 21%. Robinhood Markets shares have seen substantial growth in 2025, reaching all-time high levels.
TradingView