Shares of cryptocurrency-related stocks, including Coinbase Global and MicroStrategy, rallied on Monday, tracking Bitcoin's recovery after a brief slump.
Barclays Research has upgraded its outlook on Coinbase (COIN) and Robinhood (HOOD), citing improvements in their business models and financial standing.
The upcoming "Stand with Crypto Day" in Washington D.C. on Sept. 18 is set to spotlight the growing influence of the cryptocurrency sector in U.S. politics.