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Asia crypto stocks rally as Bitcoin rebounds sharply; Metaplanet surges 20%

Asian crypto-linked stocks rallied sharply after Bitcoin rebounded to a three-month high above $73,000 and briefly touched $75,591.6. The move was driven by renewed optimism that U.S. lawmakers will advance clearer crypto regulation, following Trump’s call for Congress to pass a 'fair version' of the Clarity Act. The broader risk tone also improved after a U.S. Treasury decision to double long-duration bond buybacks. Japanese bitcoin treasury firm Metaplanet was a standout, surging more than 20% to three-month highs, while Boyaa Interactive, Remixpoint, and Monex also gained. Ethereum rose more than 4%, reinforcing the upbeat sentiment across digital assets. The article suggests the rebound could support further upside in crypto equities and spot markets if regulatory optimism persists.

Category

Bitcoin

Sentiment

Bullish

Event

Price movement

Reading time

1 min