3 Crypto-Centric Stocks to Watch as Bitcoin Hits All-Time High
From Nasdaq: 2025-05-22 11:22:00
Bitcoin hit a new all-time high, surpassing $111,000, driven by easing global tensions and hopes of Federal Reserve rate cuts. Experts predict it could reach $140,000. Despite a broader market decline, the rally continues. Visa, PayPal, and NVIDIA are recommended for investment due to strong growth potential in 2025 and positive earnings estimate revisions.
The ongoing Bitcoin rally is attributed to various positive factors, including trade truce announcements between the US and China, a trade deal with the UK, and encouraging regulatory developments like the GENIUS Act. President Trump and advisor David Sacks are promoting a pro-crypto agenda, buoying the market.
Visa is enhancing cross-border transactions with stablecoin settlement capabilities on the Solana blockchain. PayPal allows users to buy, sell, and use cryptocurrencies for transactions. NVIDIA’s GPUs play a crucial role in data centers, AI, and cryptocurrency mining, making it a standout in the semiconductor industry amid the thriving crypto market.
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