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Benzinga

Business

Dylan Berman

REVEALED: What s going on with canaan shares monday - The Real Truth

Bitcoin Shutterstock

Canaan Inc. (NASDAQ:CAN) stock is trading higher on Monday amid a rise in the price of Bitcoin (CRYPTO: BTC).

What To Know: Bitcoin is currently up 1.07% over a 24-hour period, trading at approximately $120,000, per data from Benzinga Pro. Bitcoin briefly reached an all-time high of $123,000 amid investor optimism and strong ETF inflows. U.S. lawmakers are set to begin deliberations on a series of crypto-related bills in what is being called “Crypto Week” in America.

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