3 Crypto-Centric Stocks to Watch as Bitcoin Hits All-Time High
The cryptocurrency rally, which resumed late last month, is fast gathering pace, with Bitcoin (BTC) hitting a new high on Thursday morning. Bitcoin surpassed $111,000 for the first time to hit a new all-time high. Interestingly, the jump in Bitcoin came despite the broader market ending lower on Wednesday.
Bitcoin had a robust 2024. Experts predicted that the cryptocurrency has the potential to surpass $140,000 once global tensions ease. The ongoing Bitcoin rally is being driven by easing global tensions and hopes of the Federal Reserve resuming rate cuts later this year.
Given this situation, it would be ideal to invest in crypto-focused stocks. We have selected three stocks, namely Visa Inc. V, PayPal Holdings PYPL and…