#CryptoStocks
The stocks related to crypto, known as crypto stocks, are under scrutiny following the recent boost in the cryptocurrency market. Companies like Coinbase (COIN), Marathon Digital (MARA), and MicroStrategy (MSTR) have seen increases of more than 5% in the last week, directly correlated with the surge of $BTC above $104,000 USD.
These stocks allow traditional investors to gain exposure to the crypto ecosystem without directly purchasing tokens, and in times of volatility, they tend to amplify market movements. My opinion is that crypto stocks are key to attracting institutional investment, but it is important to keep in mind their high correlation with BTC and NASDAQ.
#CryptoStocks