#Bitcoin price surge brings $BTC -related stocks to new multi-week highs-

With companies like #Coinbase and #Microstrategy reaching new multi-week highs, the Monday jump in Bitcoin prices has now pushed equities tied to the cryptocurrency to new heights.

Amidst the #BTC price movement, bitcoin mining stocks experienced notable gains. Riot Blockchain, a US-listed company, saw an 11.69% spike, while Marathon Digital Holdings had a 14.6% boost. The impending halving event, which will reduce the Bitcoin mining return from 6.25 BTC to 3.125 BTC each block, is another important factor that contributed significantly to the spike in mining stocks.