Bitcoin Surges $2,000 Premarket — Crypto Stocks Rally Across the Board, Circle Jumps 15%
TradingKeyJun 20, 2025 8:59 AM
TradingKey – Just ahead of the U.S. market open on Friday, June 20, Bitcoin (BTC) spiked nearly $2,000, climbing from around $104,000 to $106,530, fueling a broad rally in crypto-related equities.
Bitcoin Price Chart – Source: CoinMarketCap.
The sharp move in BTC lifted sentiment across the sector:
- Circle (CRCL) surged over 15%,
- Canaan Inc. gained more than 5%,
- Bakkt rose nearly 3%,
- Coinbase (COIN) added 2.5%,
- MicroStrategy (MSTR) advanced 1.7%.
The synchronized rally reflects growing investor optimism as Bitcoin regains upward momentum in premarket trading.
TradingKey Stock Score
Bakkt Holdings Inc Key Insights:The company's fundamentals are relatively healthy. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. Despite strong stock market performance and technicals, the fundamentals don't support the current trend. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading. View Details >>
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