Top Cryptocurrency Stocks To Watch Today - June 18th

Robinhood Markets, Bitdeer Technologies Group, and Galaxy Digital are the three Cryptocurrency stocks to watch today, according to MarketBeat's stock screener tool. Cryptocurrency stocks are shares of publicly traded companies whose primary business activities involve digital assets—such as cryptocurrency exchanges, mining operations or firms holding large crypto reserves. By buying these stocks, investors gain indirect exposure to the cryptocurrency market’s price movements and technological developments without owning tokens directly. Like other equities, they trade on regulated exchanges and carry company-specific risks in addition to overall crypto volatility. 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.

NASDAQ:HOOD traded up $2.47 during mid-day trading on Wednesday, reaching $77.42. The company's stock had a trading volume of 16,169,946 shares, compared to its average volume of 27,403,263. The stock has a fifty day moving average of $57.73 and a 200-day moving average of $49.26. Robinhood Markets has a 1 year low of $13.98 and a 1 year high of $77.80. The firm has a market capitalization of $68.55 billion, a PE ratio of 43.87, a price-to-earnings-growth ratio of 4.53 and a beta of 2.25.

Read Our Latest Research Report on HOOD

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 $0.89 on Wednesday, hitting $11.81. 6,659,755 shares of the company were exchanged, compared to its average volume of 5,036,398. The firm has a market capitalization of $1.32 billion, a P/E ratio of -2.91 and a beta of 2.32. The stock's 50 day moving average price is $11.97 and its 200 day moving average price is $14.48. Bitdeer Technologies Group has a 1-year low of $5.40 and a 1-year high of $26.99.

Read Our Latest Research Report on BTDR

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.

NASDAQ GLXY traded up $0.02 on Wednesday, hitting $18.51. 1,501,564 shares of the company's stock traded hands, compared to its average volume of 1,121,789. Galaxy Digital has a 1-year low of $6.89 and a 1-year high of $26.60.

Read Our Latest Research Report on GLXY

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