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Best Cryptocurrency Stocks To Watch Now - July 29th

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Key Points

  • Seven key cryptocurrency stocks to watch include Robinhood Markets, Galaxy Digital, and Bitdeer Technologies Group, reflecting significant recent trading activity in the cryptocurrency ecosystem.
  • Robinhood Markets saw its shares trading around $104.96 with a 12-month range between $13.98 and $113.44, and a market capitalization of $92.94 billion.
  • Galaxy Digital reported a trading price of $26.15, with a 12-month low of $6.89 and a high of $33.17, indicating substantial growth potential in the digital asset sector.
  • MarketBeat previews top five stocks to own in August.
  • Limited Time Offer: Unlock powerful research tools, advanced financial data, and expert insights to help you invest with confidence. Save 50% when you upgrade to MarketBeat All Access during the month of July. Claim your discount here.

Robinhood Markets, Galaxy Digital, Bitdeer Technologies Group, HIVE Digital Technologies, Bitfarms, BTCS, and Cellebrite DI are the seven Cryptocurrency stocks to watch today, according to MarketBeat's stock screener tool. Cryptocurrency stocks are shares of publicly traded companies whose core business involves the cryptocurrency ecosystem—such as crypto mining operations, digital-asset trading platforms or blockchain technology development. Unlike digital tokens, these equities represent ownership in firms that profit from or support the crypto market. Their performance often correlates with cryptocurrency price movements and broader industry sentiment. 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 HOOD stock traded down $1.81 during trading hours on Tuesday, hitting $104.96. The stock had a trading volume of 17,165,286 shares, compared to its average volume of 41,486,957. Robinhood Markets has a twelve month low of $13.98 and a twelve month high of $113.44. The firm has a market capitalization of $92.94 billion, a PE ratio of 59.49, a PEG ratio of 5.35 and a beta of 2.36. The stock's 50 day moving average is $83.80 and its 200 day moving average is $60.44.

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.

GLXY traded down $3.45 on Tuesday, hitting $26.15. 7,435,470 shares of the company traded hands, compared to its average volume of 2,728,852. The stock's 50 day moving average is $21.83. Galaxy Digital has a 12-month low of $6.89 and a 12-month high of $33.17.

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.

NASDAQ BTDR traded down $0.75 during trading hours on Tuesday, hitting $13.43. 2,147,580 shares of the stock were exchanged, compared to its average volume of 5,589,755. Bitdeer Technologies Group has a 12-month low of $5.40 and a 12-month high of $26.99. The company has a market cap of $1.50 billion, a price-to-earnings ratio of -3.29 and a beta of 2.22. The stock has a 50-day moving average of $13.27 and a 200 day moving average of $12.88.

Read Our Latest Research Report on BTDR

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.

Shares of NASDAQ HIVE traded down $0.08 during trading on Tuesday, hitting $2.15. 11,221,623 shares of the company were exchanged, compared to its average volume of 14,199,624. HIVE Digital Technologies has a 1 year low of $1.26 and a 1 year high of $5.54. The company has a debt-to-equity ratio of 0.03, a current ratio of 3.72 and a quick ratio of 3.72. The company has a market cap of $484.36 million, a price-to-earnings ratio of -5.90 and a beta of 3.40. The firm's fifty day moving average price is $2.04 and its 200 day moving average price is $2.08.

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.

BITF stock traded down $0.05 during midday trading on Tuesday, hitting $1.24. 16,047,681 shares of the stock were exchanged, compared to its average volume of 25,656,410. Bitfarms has a fifty-two week low of $0.67 and a fifty-two week high of $2.76. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.58 and a current ratio of 2.64. The stock's 50-day moving average price is $0.98 and its 200-day moving average price is $1.09. The stock has a market cap of $688.57 million, a price-to-earnings ratio of -6.45 and a beta of 3.45.

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 down $0.18 on Tuesday, hitting $4.98. The company's stock had a trading volume of 2,986,249 shares, compared to its average volume of 3,602,576. The stock has a 50 day moving average of $3.39 and a 200-day moving average of $2.60. The company has a market capitalization of $116.13 million, a price-to-earnings ratio of -2.91 and a beta of 1.15. BTCS has a 12-month low of $0.95 and a 12-month high of $8.49.

Read Our Latest Research Report on BTCS

Cellebrite DI (CLBT)

Cellebrite DI Ltd. develops solutions for legally sanctioned investigations in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific. The company's DI suite of solutions allows users to collect, review, analyze, and manage digital data across the investigative lifecycle with respect to legally sanctioned investigations used in various cases, including child exploitation, homicide, anti-terror, border control, sexual crimes, human trafficking, corporate security, cryptocurrency, and intellectual property theft.

CLBT stock traded up $0.05 during trading on Tuesday, hitting $14.42. The stock had a trading volume of 383,702 shares, compared to its average volume of 1,572,817. Cellebrite DI has a 1-year low of $11.90 and a 1-year high of $26.30. The company's 50 day moving average price is $15.74 and its two-hundred day moving average price is $18.63. The stock has a market cap of $3.45 billion, a price-to-earnings ratio of -15.02, a price-to-earnings-growth ratio of 2.89 and a beta of 1.28.

Read Our Latest Research Report on CLBT

See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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