Bitcoin rises 2.5% and recovers 1,000, sending cryptocurrency stocks higher as markets stabilize after the October sell-off.

Bitcoin rises 2.5% and recovers $111,000, sending cryptocurrency stocks higher as markets stabilize after the October sell-off.

Bitcoin (BTC-USD) rose more than 2% on Monday to reclaim the $110,000 level, giving a boost to cryptocurrency stocks and raising hopes that this month’s shakeup in markets was a hindrance rather than signaling a broader turn in the cycle. “Bitcoin is currently in a reaccumulation phase following its short-term correction, with market sentiment stabilizing…

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