Cryptocurrency price rebounds, US tech stocks rise significantly

Cryptocurrency prices rebounded on Monday local time after a roller coaster ride last week. Tesla founder musk said on Monday afternoon that he is actively talking with relevant institutions on promoting the use of renewable energy in the bitcoin industry; In an interview recorded on Monday, Bridgewater founder ray Dalio said for the first time that he currently owns some bitcoins. These statements brought bitcoin prices back to $39000 on Monday, up nearly 17% from Sunday. Affected by this, the relevant technology stocks gained a boost, driving the close of the NASDAQ high. The improvement of the epidemic situation in the United States also boosted the performance of concept stocks, especially in the travel and service industry. American Airlines and United Airlines both rose more than 1% on Monday, while Norwegian Cruise closed up 4.7% after it announced that it would restart US routes in August.

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