Following last week’s rebound in risk assets, US crypto stocks staged recoveries alongside the broader crypto market.
With bullish momentum carrying into the new week, some crypto stocks, including IREN, CIFR, and RVYL, are drawing increased attention from investors.
IREN Limited (IREN)
IREN is seeing renewed bullish momentum following the successful closing of its $550 million convertible senior notes offering. Due to strong investor demand, the offering was significantly oversubscribed and upsized.
Initially set at $450 million, the offering was expanded to $500 million through a greenshoe option, reflecting strong institutional confidence in the company’s growth outlook.
IREN closed Friday’s trading session at $14.00, marking a 6.79% gain on the day. In pre-market trading today, IREN shares are priced at $14.82. If the rally continues when the market opens, the stock could climb toward $15.79.
However, if demand weakens, IREN’s price could slip back to $13.51.
Cipher Mining (CIFR)
CIFR is another US crypto stock to watch today. The stock closed Friday’s trading session at $4.26, up 67% on the day.
The gains come after the company announced energization and commencement of hashing at its new Black Pearl site. In a statement released on June 23, 2025, Cipher revealed that the Black Pearl facility is currently generating approximately 2.5 EH/s, with plans to scale up through Q3 2025 as new mining rigs are delivered.
During pre-market trading today, CIFR shares are priced at $4.42, reflecting continued bullish momentum.
If buying pressure rises when the market opens, CIFR could reach $4.70.
However, if trading activity weakens, the stock’s price may fall to $4.03.
Ryvvl Inc (RVYL)
RVYL closed Friday’s trading session at $0.82, gaining 4.50%. The stock continues its upward momentum in pre-market trading today, changing hands at $0.89.
The price surge comes after the company announced a series of major corporate developments aimed at strengthening its financial position and expanding its blockchain capabilities.
On June 16, 2025, Ryvyl revealed it had filed a registration statement on Form S-1 with the SEC for a proposed public offering. Although the number of shares and pricing are yet to be determined, the move signals the company’s intention to raise significant capital to fund its growth strategy.
RVYL’s price could climb toward $0.91 if buying activity remains when the market opens.
However, if this weakens, the stock may retreat to $0.91.
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