Shares of cryptocurrency-related stocks, including Coinbase Global and MicroStrategy, rallied on Monday, tracking Bitcoin's recovery after a brief slump.

Michael Saylor, CEO of MicroStrategy, remains one of the most vocal advocates for Bitcoin in the financial world.

The newly launched MicroStrategy leveraged ETF, trading under the ticker $MSTX, is making waves on Wall Street with impressive early performance.

Crypto-currency market is facing tough times and this time it seems to be a massive downturn for these alternative assets.