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4 Bitcoin-Centric Stocks to Gain From Trump's Return to White House
COINCoinbase(COIN) ZACKS·2025-01-21 20:01

Bitcoin Market Overview - Bitcoin price surged to an all-time high of 109,000beforeretreatingtoaround109,000 before retreating to around 102,000, marking a 5% decline [1] - Bitcoin has gained over 100% in 2024, driven by Trump's pro-crypto stance and election victory [3] - Bitcoin hit a high of 106,533onDec22,2024,followingTrumpscampaignpromisestomaketheUSthe"cryptocapitaloftheworld"[4]Bitcoinhassurgedover600106,533 on Dec 22, 2024, following Trump's campaign promises to make the US the "crypto capital of the world" [4] - Bitcoin has surged over 600% from its low of 16,000 in early 2023, indicating strong growth potential [6] - Historical data shows Bitcoin gains of 2300% and 1700% in previous bullish cycles, followed by corrections of 70%-80% [6] Trump's Impact on Crypto - Trump's inauguration as the 47th US President has boosted optimism for a crypto-friendly regulatory environment [5] - Trump appointed crypto-friendly individuals to key cabinet and regulatory roles, signaling potential deregulation [4] - Investors anticipate regulatory clarity and a supportive environment under Trump's administration [5] Crypto-Centric Stocks Robinhood Markets (HOOD) - Robinhood operates a financial services platform allowing investments in stocks, ETFs, options, gold, and cryptocurrencies [7] - Expected earnings growth rate for the current year exceeds 100%, with a 23% improvement in Zacks Consensus Estimate over the past 60 days [8] - Zacks Rank 1 (Strong Buy) [8] NVIDIA Corporation (NVDA) - NVIDIA is a leading semiconductor company, with its GPUs playing a crucial role in data centers, AI, and cryptocurrency mining [9] - Expected earnings growth rate for the current year exceeds 100%, with a 3.5% improvement in Zacks Consensus Estimate over the past 60 days [10] - Zacks Rank 2 (Buy) [10] Coinbase Global (COIN) - Coinbase provides financial infrastructure and technology for the global cryptocurrency economy, including consumer accounts and institutional trading [11] - Expected earnings growth rate for the current year exceeds 100%, with an 11.4% improvement in Zacks Consensus Estimate over the past 60 days [12] - Zacks Rank 1 [12] Interactive Brokers Group (IBKR) - Interactive Brokers is a global electronic broker offering cryptocurrency trading and futures [13] - Expected earnings growth rate for the current year is 21.6%, with a 1.7% improvement in Zacks Consensus Estimate over the past 60 days [14] - Zacks Rank 2 [14]