Crypto stocks are on the lips of most investors after a rebound of digital assets ushering in the bull cycle. Crypto stocks are shares of companies that are exposed to Bitcoin (BTC), other digital assets, or blockchain technology. It is worth noting that the current bull run was sparked off by institutional investment in Bitcoin.
At press time, the asset trades at $70,784, an 8% run this week with the wider market capitalization at $2.26 trillion. Here are the top 3 crypto stocks to watch as Good Friday approaches. However, the stock market will be closed on Good Friday, analysts believe these assets can record upticks when the market opens due to crypto developments.
MicroStrategy
MicroStrategy (MSTR) is a software and business intelligence company that has become linked with Bitcoin because of the bullish nature of its chairman, Michael Saylor. Saylor has projected massive highs for the market leader and continues to amass more tokens. MicroStrategy holds 214,245 BTC worth approximately $15.3 billion.
MSTR exchanges hands at $1,762, down 10% today after a report noted that the Bitcoin price in line with the stock price is meant to be at $177,000. At 10%, many enthusiasts believe it to be a good entry point for many investors to make a profit as the crypto stocks buzz rolls on.
Coinbase
Coinbase (COIN) is the largest exchange in the United States by volume. Subsequently, the asset became an important crypto stock since its NASDAQ listing in 2021. The crypto stock surges with the uptick in the market.
COIN trades at $256, a 3.28% rise today and a 30% increase in the past month. Furthermore, the recent development in the exchange’s case with the Securities and Exchange Commission (SEC) makes it a buzzing crypto stock to keep tabs on. The value of Base memecoins also surged in the past 24 hours.
Marathon Digital
Marathon Digital (MARA) is a Bitcoin miner that is tipped to soar with the price of the asset. This places it among key crypto stocks alongside other mining companies. MARA is up 2.31% today and 7% in the last five days. The upcoming Bitcoin halving is a bullish event to boost the price of the asset.
Read Also: Base Chain Memecoins Surge Amid Coinbase-SEC Lawsuit
The post 3 Crypto Stocks To Watch Out This Good Friday appeared first on CoinGape.
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