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Crypto stocks rise in tandem with bitcoin

BTCUSD+2.39%COIN+4.63%RIOT+2.17%MARA+4.39%

** Shares of cryptocurrency and blockchain-related companies rise as bitcoin gains more than $1,500

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** The world’s biggest cryptocurrency BTCUSD is currently up 2.6%; bitcoin dropped below $60,000 for the first time in seven weeks on Monday

** Cryptocurrency exchange Coinbase Global COIN is up 3.3% and miners Riot Platforms RIOT, Marathon Digital MARA and U.S.-listed shares of Hut 8 Mining HUT rise between 3.4% and 18.4%

** Bitcoin miner CleanSpark CLSK gains 2.6%, while software firm MicroStrategy MSTR, a major crypto bull, climbs 6.9%

** ProShares Bitcoin Strategy ETF BITO up 4.5%

** Bitcoin is up ~40% YTD

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