Bitcoin Ends 5-Day Losing Streak — Crypto Stocks Surge in U.S. Pre-Market Trading

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.