Watch 5 Bitcoin-Centric Stocks Set to Gain From the Next Rally
COINCoinbase(COIN) ZACKS·2024-09-13 03:00

The cryptocurrency market suffered a severe blow in the past one and a half months. Bitcoin (BTC), the largest cryptocurrency globally, hit an all-time high of 73,750onMarch14.However,thebroadermarketbloodbathfromearlyAugustsawcryptocurrenciessuffering.Consequently,Bitcoinfelltobelow73,750 on March 14. However, the broader market bloodbath from early August saw cryptocurrencies suffering. Consequently, Bitcoin fell to below 55,000. At present, Bitcoin is trading around $57,940, a 21.4% discount to its all-time high. Nevertheless, investors should think from a long-term perspective. The Fed is undoubtedly approaching the end of ...