Bitcoin (BTC) is back above $56,000, having dropped below $54,000 over the weekend following a weak August jobs report that suggested the US economy was still at risk of a recession. Alongside BTC price, crypto stocks have also experienced a notable rebound. The US stock market notably suffered a loss of over $1.05 trillion last week, which affected these stocks. BTC and these crypto stocks are still not in the clear, especially with the US CPI set to be released this week.
