Crypto-related stocks MicroStrategy Inc MSTR and Coinbase Global Inc COIN are trading higher Tuesday as Bitcoin BTC/USD prices move higher. Here’s what you need to know.

What To Know: The price of Bitcoin crossed the $71,000 level Tuesday morning for the first time since June, driving strength in the broader crypto market and in crypto-related stocks. Bitcoin was up 3.76% over a 24-hour period, trading around $71,600 at last check.

The Bitcoin surge coincides with significant Bitcoin ETF inflows of approximately $479 million on Monday. Bitcoin ETFs have seen inflows in 11 of the past 12 trading days alongside increased derivatives activity.

Coinbase appears to be rising on…

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