Bitcoin and Crypto-Linked Equities Advance in Tandem With Nasdaq on Renewed China Trade Hopes

Crypto Stocks Advance as U.S.–China Trade Hopes Lift Market Sentiment

American Bitcoin jumps 10% after fresh BTC purchase; Robinhood, miners post solid gains

Crypto-related equities rallied Monday after upbeat remarks from President Donald Trump and Treasury Secretary Scott Bessent suggested that trade talks between the U.S. and China were moving in a positive direction.

Speaking to reporters early Monday, Trump said he “feels good” about reaching an agreement that would let China continue supplying rare-earth magnets—crucial materials used in EVs, smartphones, and military equipment—in exchange for Washington easing the recently proposed 100% tariffs.

The comments echoed Bessent’s optimistic tone over the weekend, helping to lift bitcoin (BTC) to $116,200 on Sunday before the price stabilized around $115,000.

Crypto-linked equities responded with broad gains.

• Robinhood (HOOD) led major exchange stocks, rising 5%.
• Bitcoin mining and AI infrastructure firms, including Hut 8 (HUT), CleanSpark (CLSK), and Iris Energy (IREN), added 2%–3%.
• American Bitcoin (ABTC)—the Eric Trump–led Bitcoin treasury company—surged 10.5% after announcing the purchase of another 1,414 BTC, bringing its total holdings to 3,865 BTC.

On the downside, Circle, the issuer of the USDC stablecoin, slipped 2.3%, bucking the broader uptrend.

Traditional equity markets also pushed higher, with the Nasdaq Composite climbing 1.5% and the S&P 500 gaining 1%. Meanwhile, precious metals extended losses, with gold dropping 3.2% and silver down 4.5%, as investors rotated toward riskier assets.

Trump is expected to meet Chinese President Xi Jinping on Thursday, where discussions are likely to focus on securing access to rare-earth elements. China currently dominates about 70% of global production, making it a critical player in the global supply chain for clean energy and defense industries.

The move higher in both crypto and equities comes as traders brace for this week’s Federal Reserve policy decision. The central bank is widely anticipated to cut interest rates by 25 basis points, potentially spurring further appetite for digital assets and tech stocks.

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