Bitcoin (BTC) rose 3% on Monday, topping $27,000 for the first time in two weeks, giving mining stocks a small boost.

Hut 8 Mining (HUT) was one of the top gainers, up 6.5%, also announcing it had received final approval from Canadian regulators for its merger with USBTC.

Riot Platforms (RIOT) and Marathon Digital (MARA) shares rose 6% and 2%, respectively.

Bitcoin mining stocks have suffered over the past two months as Bitcoin fell from around $30,000, with all three of the above down 50% or more since mid-July.

At press time, Bitcoin was holding at $27,300, up 3.1% over the past 24 hours. The US Federal Reserve is expected to hold a rate-setting meeting this week. The Central Bank will almost certainly keep the base rate at 5.25%-5.50%.