Bitcoin Ends 5-Day Losing Streak — Crypto Stocks Surge in U.S. Pre-Market Trading
TradingKeyAug 4, 2025 9:17 AM
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.
TradingKey Stock Score
Coinbase Global Inc Key Insights:The company's fundamentals are relatively very healthy. Its valuation is considered overvalued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. Despite an average stock market performance, the company shows strong fundamentals and technicals. 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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