Robinhood Markets, Galaxy Digital, Bitdeer Technologies Group, Digihost Technology, HIVE Digital Technologies, Bitfarms, and BTCS are the seven Cryptocurrency stocks to watch today, according to MarketBeat's stock screener tool. Cryptocurrency stocks are equity shares of publicly traded companies whose business models are closely tied to digital currencies and blockchain technology—this includes cryptocurrency miners, exchanges, wallet providers and firms that hold significant amounts of crypto on their balance sheets. By buying these stocks, investors gain regulated-market exposure to the price movements and adoption trends of cryptocurrencies without directly purchasing tokens. Their performance often correlates with broader crypto market dynamics, regulatory developments and technological advances in distributed ledger systems. These companies had the highest dollar trading volume of any Cryptocurrency stocks within the last several days.
Robinhood Markets (HOOD)
Robinhood Markets, Inc. operates financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds (ETFs), American depository receipts, options, gold, and cryptocurrencies. The company offers fractional trading, recurring investments, fully-paid securities lending, access to investing on margin, cash sweep, instant withdrawals, retirement program, around-the-clock trading, and initial public offerings participation services.
Shares of Robinhood Markets stock traded up $0.92 on Thursday, hitting $64.78. 13,157,660 shares of the company's stock were exchanged, compared to its average volume of 26,371,089. The company has a 50-day simple moving average of $46.85 and a 200-day simple moving average of $44.35. The stock has a market capitalization of $57.36 billion, a PE ratio of 41.24, a PEG ratio of 1.05 and a beta of 2.15. Robinhood Markets has a 1 year low of $13.98 and a 1 year high of $66.91.
Read Our Latest Research Report on HOOD
Galaxy Digital (GLXY)
Galaxy Digital Holdings Ltd. is a financial services and an investment management company, which engages in the digital asset, cryptocurrency, and block chain technology sectors. It operates through the following segments: Trading, Principal Investment, Asset Management, Investment Banking, Mining, and Corporate & Other.
Shares of GLXY traded up $1.35 during trading hours on Thursday, reaching $23.79. 1,818,571 shares of the stock traded hands, compared to its average volume of 2,947,111. Galaxy Digital has a 52-week low of $21.03 and a 52-week high of $26.60.
Read Our Latest Research Report on GLXY
Bitdeer Technologies Group (BTDR)
Bitdeer Technologies Group operates as a technology company for blockchain and computing. It offers hash rate sharing solutions, including Cloud hash rate and Hash rate marketplace; and a one-stop mining machine hosting solutions encompassing deployment, maintenance, and management services for efficient cryptocurrency mining; as well as mines cryptocurrencies for its own account.
BTDR stock traded up $0.71 during mid-day trading on Thursday, hitting $15.46. The company had a trading volume of 2,396,558 shares, compared to its average volume of 4,867,300. The company has a market capitalization of $1.73 billion, a price-to-earnings ratio of -29.65 and a beta of 2.24. Bitdeer Technologies Group has a 12-month low of $5.40 and a 12-month high of $26.99. The company has a 50-day moving average price of $10.32 and a 200 day moving average price of $14.08.
Read Our Latest Research Report on BTDR
Digihost Technology (DGXX)
Digihost Technology Inc. operates as a blockchain technology company that focuses on digital currency mining in the United States. It mines for cryptocurrency. The company was incorporated in 2017 and is headquartered in Toronto, Canada.
Shares of Digihost Technology stock traded down $0.05 during trading hours on Thursday, reaching $1.40. The company's stock had a trading volume of 24,795,628 shares, compared to its average volume of 1,084,098. Digihost Technology has a one year low of $0.84 and a one year high of $3.77. The company has a market cap of $50.81 million, a PE ratio of -2.69 and a beta of 5.58.
Read Our Latest Research Report on DGXX
HIVE Digital Technologies (HIVE)
HIVE Digital Technologies Ltd. operates as a cryptocurrency mining company in Canada, Sweden, and Iceland. The company engages in the mining and sale of digital currencies, including Ethereum Classic, Bitcoin, and other coins. It also operates data centers; and offers infrastructure solutions. The company was formerly known as HIVE Blockchain Technologies Ltd.
NASDAQ:HIVE traded up $0.03 during mid-day trading on Thursday, hitting $2.03. 14,991,117 shares of the stock traded hands, compared to its average volume of 6,900,853. The company has a quick ratio of 10.41, a current ratio of 10.41 and a debt-to-equity ratio of 0.03. The stock has a market capitalization of $358.59 million, a price-to-earnings ratio of -40.50 and a beta of 3.52. The firm's 50 day moving average is $1.67 and its two-hundred day moving average is $2.68. HIVE Digital Technologies has a 52 week low of $1.26 and a 52 week high of $5.54.
Read Our Latest Research Report on HIVE
Bitfarms (BITF)
Bitfarms Ltd. engages in the mining of cryptocurrency coins and tokens in Canada, the United States, Paraguay, and Argentina. It owns and operates server farms that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees. The company also provides electrician services to commercial and residential customers in Quebec, Canada.
Shares of NASDAQ BITF traded up $0.03 during midday trading on Thursday, reaching $1.11. 23,694,584 shares of the company's stock traded hands, compared to its average volume of 28,573,204. Bitfarms has a one year low of $0.67 and a one year high of $3.28. The stock's 50 day simple moving average is $0.95 and its 200-day simple moving average is $1.43. The company has a quick ratio of 3.68, a current ratio of 3.70 and a debt-to-equity ratio of 0.04. The company has a market cap of $595.82 million, a price-to-earnings ratio of -3.10 and a beta of 3.69.
Read Our Latest Research Report on BITF
BTCS (BTCS)
BTCS Inc. operates in blockchain technology sector the United States. Its blockchain-infrastructure secures and operates validator nodes on disruptive blockchain networks, as well as validates transactions for crypto holding delegations on dPoS blockchains. The company offers StakeSeeker, a cryptocurrency dashboard and staking-as-a-service platform that allows crypto asset holders to earn rewards by participating in network consensus mechanisms; and Builder+, a Ethereum block builder offered to maximize validator earnings by utilizing algorithms to construct optimized blocks for on-chain validation.
Shares of NASDAQ BTCS traded up $0.50 during midday trading on Thursday, reaching $3.22. The company had a trading volume of 2,592,504 shares, compared to its average volume of 1,108,572. The business's 50-day simple moving average is $1.79 and its 200 day simple moving average is $2.47. BTCS has a 1 year low of $0.95 and a 1 year high of $5.41. The stock has a market cap of $51.47 million, a P/E ratio of 7.88 and a beta of 1.09.
Read Our Latest Research Report on BTCS
Further Reading
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