As Bitcoin's price approaches surpassing its all-time high, stocks of major companies operating in the digital currency sector have started to rise noticeably, driven by a strong wave of optimism in the markets. Are we on the verge of a historic summer for digital currencies?
Crypto stocks are shining on Monday morning
At the opening of trading on Monday morning, crypto company stocks showed remarkable performance, coinciding with Bitcoin's rise to levels very close to its all-time high. According to data published by Barron’s, Coinbase's stock topped the scene with an increase of over 5% to break the $300 barrier, supported by a significant increase in trading volume on its platform.
As for Strategy (the new name for MicroStrategy), its stock rose by 4.6% amid its ambitious strategy aimed at owning about 7% of the total Bitcoin available worldwide.
These movements were not limited to financial platforms only, as Marathon Digital Holdings, specializing in Bitcoin mining, saw a rise of 4.2%, while Riot Platforms' stocks advanced by 3.8% after announcing an increase in its mining capacity.
Bitcoin is just steps away from breaking the record
Bitcoin's price recorded $122,227 in the early hours of Monday, placing it less than 1% away from its historical high of $122,800 recorded in mid-July 2025.
This leap comes amid a wave of positive news from the United States, where new regulatory decisions signed by President Donald Trump have injected more momentum into the market, especially regarding the regulation of stablecoins and enhancing the use of digital currencies in American financial systems.
An unusually hot August... and markets are preparing to explode
Unlike usual, this year's summer season seems to carry an upward trend in the crypto world, as August 2025 surpassed expectations by recording unprecedented activity. This is attributed to a mix of political support, institutional interest, growth in the stablecoin sector, and increased focus on companies that hold Bitcoin in their reserves.
These combined factors have made this month one of the most 'optimistic' months in the history of the digital market, reminiscent of the beginnings of previous major bull cycles.