Robinhood Markets, Galaxy Digital, BTCS, Bitdeer Technologies Group, Bitfarms, Bit Origin, and HIVE Digital Technologies 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 activities involve digital assets and blockchain technology—such as cryptocurrency mining firms, exchange operators or investment trusts holding significant crypto portfolios. By buying these stocks, investors gain indirect exposure to price movements and industry trends in the cryptocurrency market without having to purchase coins directly. Like any equity, they trade on traditional stock exchanges and carry both the risks of the broader stock market and those specific to the crypto sector. 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 traded up $3.40 during mid-day trading on Friday, hitting $114.63. 41,800,875 shares of the company's stock traded hands, compared to its average volume of 45,111,400. Robinhood Markets has a 1 year low of $17.55 and a 1 year high of $117.00. The firm has a market capitalization of $101.87 billion, a P/E ratio of 58.19, a PEG ratio of 4.37 and a beta of 2.36. The business's 50-day moving average price is $91.32 and its 200-day moving average price is $64.09.
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 stock traded down $0.31 during midday trading on Friday, hitting $27.78. The stock had a trading volume of 10,530,560 shares, compared to its average volume of 10,979,385. The stock's 50-day moving average price is $22.95. Galaxy Digital has a 52-week low of $8.20 and a 52-week high of $33.17.
Read Our Latest Research Report on GLXY
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 trading on Friday, reaching $5.00. The company had a trading volume of 9,557,544 shares, compared to its average volume of 13,182,256. BTCS has a 12-month low of $0.95 and a 12-month high of $8.49. The stock has a market cap of $239.25 million, a PE ratio of -2.92 and a beta of 1.17. The business's 50-day moving average is $3.68 and its 200 day moving average is $2.70.
Read Our Latest Research Report on BTCS
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.
Shares of NASDAQ BTDR traded down $0.37 during trading on Friday, reaching $12.57. The company had a trading volume of 2,374,023 shares, compared to its average volume of 3,991,383. Bitdeer Technologies Group has a 12-month low of $5.40 and a 12-month high of $26.99. The stock has a market cap of $1.41 billion, a PE ratio of -3.08 and a beta of 2.23. The business's 50-day moving average is $12.96 and its 200 day moving average is $12.47.
Read Our Latest Research Report on BTDR
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 down $0.04 during midday trading on Friday, reaching $1.24. 20,161,471 shares of the company's stock traded hands, compared to its average volume of 28,041,594. The company has a market cap of $691.36 million, a price-to-earnings ratio of -6.53 and a beta of 3.50. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.58 and a current ratio of 2.64. Bitfarms has a one year low of $0.67 and a one year high of $2.76. The stock has a 50 day moving average of $1.01 and a 200 day moving average of $1.07.
Read Our Latest Research Report on BITF
Bit Origin (BTOG)
Shares of NASDAQ:BTOG traded up $0.06 during midday trading on Friday, reaching $0.49. 47,164,493 shares of the company's stock traded hands, compared to its average volume of 74,426,680. Bit Origin has a one year low of $0.12 and a one year high of $3.09. The stock has a 50 day moving average of $0.30 and a 200 day moving average of $0.29.
Read Our Latest Research Report on BTOG
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 $0.03 during midday trading on Friday, reaching $2.07. 9,155,561 shares of the company's stock traded hands, compared to its average volume of 26,506,018. The company has a market cap of $474.32 million, a price-to-earnings ratio of -5.75 and a beta of 3.41. The company has a debt-to-equity ratio of 0.03, a quick ratio of 3.72 and a current ratio of 3.72. HIVE Digital Technologies has a one year low of $1.26 and a one year high of $5.54. The stock has a 50 day moving average of $2.06 and a 200 day moving average of $2.02.
Read Our Latest Research Report on HIVE
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