2 Crypto Stocks to Watch as Bitcoin Bounces
COINCoinbase(COIN) Schaeffers Investment Research·2024-09-20 02:09

After the Federal Reserve's first interest rate cut in four years, Bitcoin (BTC) today moved above 63,000forthefirsttimesinceAug.27. Cryptostocks MARAHoldings,Inc (NASDAQ:MARA)and CoinbaseGlobalInc(NASDAQ:COIN)sportsolidintradaygainsasaresult.Plus,BTCexchange−tradedfund(ETF) iSharesBitcoinTrust(NASDAQ:IBIT) ishigher,up6.463,000 for the first time since Aug. 27. Crypto stocks MARA Holdings, Inc (NASDAQ:MARA) and Coinbase Global Inc (NASDAQ:COIN) sport solid intraday gains as a result.Plus, BTC exchange-traded fund (ETF) iShares Bitcoin Trust (NASDAQ:IBIT) is higher, up 6.4% at 36.35 at last glance. IBIT is an ETF a lot of investors are going to want to keep their eyes on, too, as the outcome of the 2024 U.S. Presidential elec ...