5 Bitcoin-Centric Stocks to Buy Amid Recent Meltdown
From Nasdaq: 2024-04-08 08:04:00
The cryptocurrency market soared in 2023, with Bitcoin hitting an all-time high on Mar 14 at $73,750.07 before dropping 6.6%. Bitcoin has surged 67% in Q1 of 2024 and is set for a halving event in April 2024, historically increasing scarcity and value due to reduced supply.
Research firms predict Bitcoin’s rally will continue, with targets ranging from $100,000 to $450,000 by 2025. Companies like NVIDIA, Coinbase Global, Robinhood Markets, CleanSpark, and Interactive Brokers Group are all poised for growth in the crypto space with strong earnings growth projections for 2024.
Read more at Nasdaq: 5 Bitcoin-Centric Stocks to Buy Amid Recent Meltdown