BUZZ-Crypto stocks rise as bitcoin rebounds past $96,000

Shares of cryptocurrency and blockchain companies rise in premarket trade as bitcoin recovers from a Monday selloff

Bitcoin BTC=, the world's biggest cryptocurrency, last up 2.4% at $96,389.21, after slumping below $90,000 on Monday

Crypto exchange Coinbase Global COIN.O rises 3.8%

Crypto miners recover ground: Riot Platforms Inc RIOT.O up 3.9%, MARA Holdings MARA.O up 3.8%, Hut 8 HUT.O up 4.6%

BTC buyer MicroStrategy MSTR.O rises 3.4%

iShares Bitcoin Trust ETF IBIT.O rises 3.1%

Bitcoin has been volatile after initial surge following Donald Trump's victory in the U.S. presidential election, as investors gauge the likelihood of Federal Reserve rate cuts this year

Digital asset investment products saw outflows of $940 million during the latter half of last week after the release of the Fed's Dec meeting minutes and stronger-than-expected labor market data, as per CoinShares data

"This suggests the post-U.S. election honeymoon is over, and macroeconomic data is once again a key driver of asset prices" - CoinShares analysts

Bitcoin products saw net inflows of $214 million last week, CoinShares says

BTC up just 0.5% this month to date

(Reporting by Lisa Mattackal)