Bitcoin Soars Past $71K as Crypto Boom Powers On; Reddit Preps for $6.4B IPO
• Bitcoin hits new record high above $71,000 as crypto surge continues; Coinbase shares up 80% in past month • Bitcoin ETF inflows have crossed $9.5B since launch in January, with run rate of $370M per day • Stocks open lower on Monday, with tech stocks leading declines; Bitcoin trades above $72,000 • All eyes on Nvidia after sharp intraday reversal on Friday that caught investor attention • Reddit sets IPO price range of $31 to $34 a share, seeks to raise $450.9M at valuation of up to $6.4B