3 Bitcoin-Related Stocks to Gain From Crypto Rally
The cryptocurrency market is staging a solid comeback, with Bitcoin (BTC) on track to hit $70,000 after falling below $60,000 last month. The Federal Reserve’s jumbo rate cut announcement in September amid the upcoming U.S. election has raised optimism surrounding riskier assets, especially tech stocks and cryptocurrencies.
Given this scenario, it would be ideal to invest in Bitcoin-centric stocks such as Robinhood Markets, Inc. HOOD, NVIDIA Corporation NVDA and CME Group Inc. CME that have strong growth potential in the near term.
Bitcoin Rebounds From Recent Lows
Bitcoin was trading at $67,249.66 on Thursday. The world’s most popular cryptocurrency had reached $68,376 on Wednesday. It is now well on track to hit new highs with…
