New Delhi, June 8 -- Bitcoin was stable in early Asian trading on Monday after recovering some of its recent losses. The cryptocurrency had fallen below $60,000 late last week - its lowest level since Donald Trump's reelection victory in 2024.

On Monday, Bitcoin was up as much as 3.8% to nearly $64,200. It was trading around $63,000 at 9:45 a.m. in Singapore. Ether, the second-largest token, was more than 3% firmer at around $1,680.

A signal from Strategy's Michael Saylor that digital-asset treasury may soon announce more Bitcoin purchases has helped to soothe the market.

Strategy's Michael Saylor posted

In another post, he said. Bitcoin Fundamentalist: Bitcoin reaches its full potential by remaining true to its core principles: self-...