Crypto stocks experienced a decline as Bitcoin failed to maintain its weekend momentum, but some stocks have started to rebound. Coinbase fell 4%, MicroStrategy dipped 5%, and the Valkyrie Bitcoin Miners ETF fell 5%. However, Coinbase has ticked back up, MicroStrategy has only slightly recovered, and WGMI rose above $17. Coinbase has underperformed Bitcoin year to date, while MSTR is up 91%. MetaPlanet is up 544% after adopting a Bitcoin strategy. DeFi Technologies is also up 283% this year. The Federal Reserve is expected to announce an interest rate cut, which could impact the crypto and stock market.
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