From Nasdaq, Inc.: 2024-05-13 08:54:00

The cryptocurrency rally in the first quarter has come to a halt after Bitcoin hit an all-time high of $73,750 in March. Market volatility in April was fueled by rising inflation fears. However, with the Bitcoin halving event over, experts predict a scarcity-driven price surge for the digital asset.

NVIDIA Corporation is a top player in the semiconductor industry with a strong presence in the thriving crypto market. Its expected earnings growth rate for the current year is 84.7%, and the stock currently holds a Zacks Rank #2.

Coinbase Global, Inc. provides financial infrastructure for the crypto economy. With an expected earnings growth rate of 1,840.5% for next year, Coinbase is a strong player in the market and currently has a Zacks Rank #1.

Interactive Brokers Group, Inc. is a global automated electronic broker that trades in cryptocurrencies. With an expected earnings growth rate of 12.9% for the current year, Interactive Brokers Group currently holds a Zacks Rank #2.

Robinhood Markets, Inc. operates a financial services platform that allows users to invest in stocks, ETFs, options, gold, and cryptocurrencies. With an expected earnings growth rate of 190.2%, Robinhood Markets currently holds a Zacks Rank #2.

Read more at Nasdaq.: Cryptocurrency Likely to Resume Rally: 4 Stocks Set to Gain