Bitcoin, Nasdaq Lead Risk-On Rebound; Crypto Stocks Join Rally Amid U.S.–China Trade Progress

Crypto Stocks Extend Gains as Bitcoin Rises and Trade Talk Optimism Lifts Risk Sentiment

American Bitcoin jumps 10%; Robinhood, miners rally ahead of Fed decision

Crypto-related equities advanced Monday, mirroring broader risk-on sentiment after President Donald Trump and Treasury Secretary Scott Bessent expressed optimism about progress in U.S.–China trade negotiations.

“I really feel good about a deal,” Trump told reporters Monday morning, referring to talks that could see China continue supplying rare-earth magnets — essential components for electric vehicles and smartphones — in exchange for a rollback of the recently proposed 100% tariffs.

The upbeat tone helped extend gains across crypto markets, with bitcoin (BTC) climbing as high as $116,200 on Sunday before stabilizing near $115,000 by midday Monday.

Among top gainers, Robinhood (HOOD) led exchange-linked names with a 5% rise, while bitcoin miners and AI infrastructure stocks Hut 8 (HUT), CleanSpark (CLSK), and Iris Energy (IREN) were up between 2% and 3%.

Shares of American Bitcoin (ABTC), led by Eric Trump, jumped 10.5% after the firm announced the purchase of 1,414 additional BTC, increasing its total holdings to 3,865 BTC.

Meanwhile, Circle, the issuer of the USDC stablecoin, slipped 2.3%, underperforming its crypto peers.

Traditional equity markets strengthened alongside crypto assets, with the Nasdaq Composite up 1.5% and the S&P 500 advancing 1%. Precious metals extended recent losses, as gold dropped 3.2% and silver declined 4.5%, signaling a renewed appetite for risk.

Trump is expected to meet Chinese President Xi Jinping on Thursday, with rare-earth elements expected to be a central point of discussion. China currently accounts for roughly 70% of global rare-earth output, making the talks critical for high-tech manufacturing and defense supply chains.

The move higher in crypto stocks also comes as investors prepare for the Federal Reserve’s upcoming policy decision, where markets largely anticipate a 25 basis-point rate cut — a shift that could lower borrowing costs and fuel greater appetite for risk assets such as cryptocurrencies and technology shares.