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Best Cryptocurrency Stocks To Keep An Eye On - October 2nd

Galaxy Digital logo with Finance background

Key Points

  • Galaxy Digital, HIVE Digital Technologies, and Bitfarms are identified as the top cryptocurrency stocks to monitor, reflecting significant trading volume and market engagement.
  • Galaxy Digital operates in several sectors including trading, asset management, and investment banking, focusing on digital assets and blockchain technology.
  • HIVE Digital Technologies specializes in cryptocurrency mining across multiple countries and also provides infrastructure solutions for digital currency operations.
  • Interested in Galaxy Digital? Here are five stocks we like better.

Galaxy Digital, HIVE Digital Technologies, and Bitfarms are the three Cryptocurrency stocks to watch today, according to MarketBeat's stock screener tool. Cryptocurrency stocks are shares of publicly traded companies whose core business activities involve digital assets or blockchain technology—such as crypto miners, trading platforms, custodial services or related software developers. For equity investors, they offer an indirect way to gain exposure to the cryptocurrency market without owning tokens directly. Their price movements typically reflect both underlying crypto‐asset trends and traditional stock‐market factors like earnings, regulation and investor sentiment. These companies had the highest dollar trading volume of any Cryptocurrency stocks within the last several days.

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.

Read Our Latest Research Report on GLXY

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.

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.

Read Our Latest Research Report on BITF

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Should You Invest $1,000 in Galaxy Digital Right Now?

Before you consider Galaxy Digital, you'll want to hear this.

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While Galaxy Digital currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

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