Bitcoin's appeal rises with ETF approval, CME, NVDA, IBKR, and HOOD involved

From Nasdaq: 2024-08-16 11:12:00

Zacks.com features stocks in Analyst Blog, including CME, NVDA, IBKR, HOOD, and SQ. Bitcoin hit all-time high in March but suffered due to market downturn in August. ETF approval increased Bitcoin’s appeal. CME Group offers crypto options, NVDA is vital for crypto market growth, IBKR executes crypto trades, HOOD allows users to invest in cryptos, SQ is a large Bitcoin investor. Fed expected to cut interest rates, investors encouraged to accumulate Bitcoin for long-term gains.



Read more at Nasdaq: The Zacks Analyst Blog Highlights CME, NVIDIA, Interactive Brokers Group, Robinhood Markets and Block