SOS Stock Price: Sos Ltd snaps losing streak despite hitting a new 52-week low price

NYSE:SOS gained 0.22% during Monday’s trading session.
SOS and other miners rose as Bitcoin reclaimed the $40,000 level.
New York weighs a Bitcoin mining ban for the state.

Stocks Reporter FXStreet

NYSE:SOS managed to put an end to its recent four-day losing streak as the China-based crypto miner jumped higher into the closing bell. On Monday, shares of SOS gained 0.22% and closed the first trading session of the week at $0.41. SOS saw its stock trading lower for most of the session, as shares dipped to an all new 52-week low price during intraday trading. Monday saw another volatile session for the broader markets, although this time the major averages managed to close in the green at the closing bell. The Dow Jones rebounded by 238 basis points, the S&P 500 added 0.57%, and the NASDAQ rallied by 1.29% ahead of big tech earnings later this week.

Stay up to speed with hot stocks' news!

It was a rare positive day for Bitcoin mining stocks, as the blue-chip crypto also reversed late in the session to recapture the $40,000 price level. Not only did SOS jump higher into the close, but shares of other Bitcoin mining stocks like Marathon Digital Holdings (NASDAQ:MARA), Riot Blockchain (NASDAQ:RIOT), and Canaan Inc ADR (NASDAQ:CAN) all closed the session higher. Bitcoin had dipped during weekend trading, but the crypto markets received a boost late Friday when Twitter (NYSE:TWTR) announced it would be accepting Elon Musk’s bid of $44 billion.

SOS stock forecast

All eyes in the crypto industry are on the State of New York’s Assembly which is voting on a bill that would place a two-year ban on Proof of Work mining. Of course, this would include Bitcoin and Ethereum mining, although the latter is currently transitioning to the more environmentally friendly Proof of Stake model.

Author

Stocks Reporter

FXStreet

AUD/USD remains above 0.7200 after China's trade data

AUD/USD sits above 0.7200 in the Asian session on Tuesday, near its highest level since May 14. The US Dollar stays under pressure as a rallying Japanese Yen outweighs support from hawkish Fed bets and geopolitical tensions. This, along with firming expectations for another RBA rate hike later this month, acts as a tailwind for the Aussie. However, mixed China trade balance data keep the pair restricted.

USD/JPY: Heavy near 153.50 as BoJ rate hike bets boost JPY

USD/JPY is sitting at six-month lows near 153.50 in the Asian session on Tuesday, as Japan's upbeat wage growth data and Q2 GDP revision cement bets on a BoJ rate hike next week and continue to boost the Japanese Yen. Meanwhile, US Dollar selling remains unabated despite hawkish Fed expectations and rising geopolitical tensions, lending additional support to the pair.

$4,465: Gold looks to regain 21-day SMA amid sustained USD weakness

Gold has snapped a two-day losing streak early Tuesday, staging a decent comeback toward $4,450 after finding strong buyers below the $4,400 level. Gold is looking to resume its recovery from four-week lows of $4,283 hit last week, capitalizing on sustained US Dollar weakness across the board.

Bitcoin whale profits hit record $9.07B, long-term holders increase on-chain activity

Bitcoin’s (BTC) short-term holder (STH) whales have reached a record level of unrealized profit, raising concerns that increased profit-taking could put pressure on the market during its current consolidation phase.

Why Oil is setting up for its most explosive move in years

The biggest Commodity trade of the year may be hiding in plain sight. Gold, Silver, Copper and Agricultural Commodities have already delivered some of the most dramatic repricing events of 2026, rewarding traders who recognized early that scarcity, geopolitical fragmentation and constrained supply were becoming dominant market forces.

Diesel’s record $100 warning: The oil shock hiding in plain sight

The Oil market may look calmer than it did a few months ago, but diesel is sending a very different message. The US diesel crack spread, the premium of ultra-low sulphur diesel futures over WTI, recently surged above $100 per barrel for the first time, reaching an intraday record of just over $102.00.