Top 3 Crypto Stocks to Keep an Eye on This Good Friday ๐
If you are looking for promising investment opportunities in the crypto space, here are the top 3 crypto stocks that you should watch out for as Good Friday approaches. With the market closed on this day, analysts believe that these assets could see significant upticks when trading resumes due to ongoing developments in the crypto sector.
MicroStrategy ๐
- MicroStrategy (MSTR) is a software and business intelligence company known for its strong ties to Bitcoin, driven by the bullish stance of its chairman.
- Chairman Michael Saylor has been vocal about his optimism for Bitcoin and has continued to accumulate large amounts of the digital asset.
- The company currently holds 214,245 BTC, valued at approximately $15.3 billion.
- Despite a 10% drop today, with MSTR trading at $1,762, many believe that this dip presents a good entry point for investors looking to capitalize on the ongoing crypto stock momentum.
Coinbase ๐น
- Coinbase (COIN) is the largest cryptocurrency exchange in the United States based on trading volume.
- The companyโs listing on NASDAQ in 2021 solidified its position as a key player in the crypto market, making it an attractive crypto stock for investors.
- With a 3.28% increase today and a 30% surge in the past month, COIN is experiencing significant growth in line with the overall market trend.
- Ongoing developments, such as the exchangeโs case with the SEC, add to the buzz surrounding Coinbase as a top crypto stock to watch.
Marathon Digital โ๏ธ
- Marathon Digital (MARA) is a Bitcoin mining company expected to benefit from the rising price of the digital asset.
- As one of the leading mining companies in the crypto space, MARA has seen a 2.31% increase today and a 7% rise in the last five days.
- The upcoming Bitcoin halving event is anticipated to further boost the price of Bitcoin, potentially leading to significant gains for Marathon Digital and other mining companies.
Hot Take ๐ฅ
As the crypto market continues to show signs of bullish momentum, keeping an eye on these top 3 crypto stocks could present lucrative opportunities for investors looking to capitalize on the current uptrend. With Bitcoin hitting new all-time highs, the potential for growth in the crypto stock market remains high, making it an exciting time to explore investment options in this space.
Sources:
1. [https://www.investopedia.com/news/3-crypto-stocks-watch-good-friday/](
2. [https://www.cnbc.com/2021/04/01/cryptocurrency-explained.html](
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