Visual representation of the digital cryptocurrency bitcoin
Visual representation of the digital cryptocurrency bitcoin
  • Bitcoin surged to a two-month high and crypto-related stocks moved higher Monday.
  • Bitcoin hovered around $28,451 early Monday, up 4% in the last 24 hours. 
  • Coinbase stock climbed 5.5%, and crypto miner Riot jumped 15% shortly after the opening bell. 

Bitcoin jumped to a nearly two-month high and crypto-linked stocks rose on Monday, with traders attempting to kick off a rally to start the final quarter of the year.  

The price of bitcoin hovered at $28,451.20 around 9:45 a.m. in New York, up over 4%. Over the last five days, the token has climbed 7.49%.