From Nasdaq: 2024-05-08 05:23:00

The cryptocurrency market took a hit in April after Bitcoin’s all-time high of 73,750.07. The US equity markets also dropped due to concerns about inflation. However, after the Bitcoin halving event, speculation arose about a price increase due to scarcity. Research firms have estimated prices to reach as high as $450,000 by 2025.

NVIDIA Corp. (NVDA) is a top pick due to its involvement in the crypto market. Coinbase Global Inc. (COIN) enables crypto transactions. Robinhood Markets Inc. (HOOD) allows users to invest in stocks and cryptos. CleanSpark Inc. (CLSK) is involved in Bitcoin mining, and Interactive Brokers Group Inc. (IBKR) trades cryptocurrencies. These stocks have strong potential for 2024.

Read more at Nasdaq: The Zacks Analyst Blog Highlights NVIDIA, Coinbase, Robinhood Markets, CleanSpark and Interactive Brokers