From Nasdaq: 2024-04-09 08:28:00

The cryptocurrency rally that began in 2023 continues, with Bitcoin hitting an all-time high of $73,750. Despite a 6.5% decline, Bitcoin remains strong with a year-to-date gain of 70.6%. The impending Bitcoin halving event, expected in April, historically boosts Bitcoin’s value due to decreased supply and increased scarcity.

Experts predict a bullish future for Bitcoin, with projections of $100,000 by the end of 2024 from Standard Chartered and $170,000 by April 2025 from Hedge fund SkyBridge. Four top crypto-oriented stocks for 2024 include NVIDIA Corporation (NVDA), Interactive Brokers Group, Inc. (IBKR), Coinbase Global, Inc. (COIN), and CleanSpark Inc. (CLSK), each showing strong potential and growth.

NVIDIA Corporation (NVDA) is highlighted for its success in the semiconductor industry, with an expected earnings growth rate of 84% for the current year. Interactive Brokers Group, Inc. (IBKR) executes and trades in cryptocurrencies, with an expected earnings growth rate of 7.1% for next year. Coinbase Global, Inc. (COIN) supports the global cryptocurrency economy, with an expected earnings growth rate of 462.2% for next year. CleanSpark Inc. (CLSK) operates as a bitcoin miner with an expected earnings growth rate of 89.2% for the current year.

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Read more at Nasdaq: 4 Solid Cryptocurrency Stocks to Buy on the Ongoing Market Rally