After a disastrous month, second-quarter, and first-half of the year, crypto is starting off July, the third-quarter, and the second-half of 2026 on a positive note.
Trading at $60,100, bitcoin is up about 5% from its weakest overnight levels and 3.2% over the past 24 hours. Ether (ETH) is ahead 3.8% over the past day, and solana (SOL) is higher by 5.8%.
There’s nothing much in the way of positive catalysts — the move appears to be more of just a pause after a long period of unrelenting selling.
Crypto-related stocks are responding, led by an 11.5% gain in Michael Saylor’s Strategy (MSTR). The company’s high-yielding preferred stock, STRC, which had plunged to nearly $70 late last week, is up another 3.8% on Wednesday to $88.
Other movers include Coinbase (COIN), with a 10% gain, Circle (CRCL), up 3.7%, and Bullish (BLSH), up 8.4%.
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