Shares of crypto currency-related companies rose, with Coinbase (COIN.US) up more than 12%.

On Monday, shares of crypto mining stocks rose. At the time of writing, Bit Digital (BTBT.US), Canaan (CAN.US) and Riot Platforms (RIOT.US) rose over 5%, Marathon Digital (MARA.US) rose nearly 10%, Coinbase (COIN.US) rose over 12%, and MicroStrategy (MSTR.US) rose over 13%.

News-wise, former President Trump will deliver a speech at the main stage of the 2024 Bitcoin Conference in Nashville, Tennessee on July 27, according to an organizer. The former president has increasingly emphasized Bitcoin during his campaign. Last month, he met with some digital asset miners and then posted on his Truth Social account that Bitcoin mining might be “our last line of defense against CBDCs (central bank digital currencies)”, and added that he hopes all remaining Bitcoins are “made in America”.