Group 1: Cryptocurrency Market Overview - The cryptocurrency rally continues despite mixed economic data, with Bitcoin recently hitting an all-time high of $123,153.22 before stabilizing around $119,000 [1][4] - Analysts predict Bitcoin could surpass $150,000 this year, indicating strong bullish sentiment in the market [2] Group 2: Economic Factors Influencing the Market - Concerns over potential new tariffs and rising inflation have caused slight dips in Bitcoin's value, but trade talks and a significant $550 billion trade deal with Japan may alleviate some economic fears [5][6] - A surge in June retail sales suggests the economy remains robust, supporting the Federal Reserve's decision to keep interest rates unchanged, although market participants anticipate two rate cuts this year [6] Group 3: Investment Opportunities in Crypto-Focused Stocks - Visa Inc. is expanding its stablecoin settlement capabilities to the Solana blockchain, enhancing global transaction efficiency, with an expected earnings growth rate of 13.1% for the current year [7][8] - Robinhood Markets offers a platform for trading various cryptocurrencies, with an expected earnings growth rate of 20.2% for the current year [9][10] - Interactive Brokers Group enables cryptocurrency and futures trading, with an expected earnings growth rate of 9.7% for the current year [11]
3 Crypto-Centric Stocks to Grab on the Ongoing Bitcoin Rally
ZACKS·2025-07-23 14:01