• B. Riley analyst Fedor Shabalin said the recent crypto rally appeared driven primarily by liquidity and sentiment rather than fundamental changes.

• The analyst cited President Donald Trump’s upcoming meeting with Chinese President Xi Jinping and the SEC’s new framework for tokenized stocks as key near-term catalysts.

• The analyst also expects 24/7 token trading could lead to catch-up moves in crypto-linked equities.

B. Riley on Tuesday raised its price targets on six crypto-linked stocks, pointing to President Donald Trump’s upcoming meeting with Chinese President Xi Jinping and the SEC’s new framework for tokenized stocks as key near-term catalysts for the sector.

The firm raised its…