Bitcoin Bull Run May Lead to Stock Gains for COIN, SQ, NVDA
Coinbase(COIN) ZACKS·2024-07-16 19:45
Since Bitcoin (BTC) was launched in 2009, it has witnessed an unprecedented rise from a penny to a record high of $73,750 on March 14. The Bitcoin halving event in April, however, failed to jack up its price. Instead, the price of BTC fell below $60,000 and entered correction territory the following month. BTC recently defied the bearish trend and bounced back above $63,000. BTC jumped 5.7% on July 15 to trade as high as $63.768, per Dow Jones Market Data. The price of BTC may still be well below its all-ti ...