4 Crypto-Centric Stocks to Grab Before Bitcoin's Next Rally

Market Overview - The cryptocurrency market has experienced a decline, with Bitcoin (BTC) reaching a seven-week low in late August after hitting an all-time high in July [1][4] - Bitcoin has remained rangebound between $110,000 and $112,000, occasionally rising above $115,000, amid concerns about the economy's health [2][4] - Bitcoin has declined nearly 15% over the past month, with a current trading price around $110,492 [4] Economic Factors - A weak jobs report has raised concerns about the labor market, despite a low unemployment rate [5] - Consumer confidence has dropped to 97.4 in August from 98.7 in July, a 1.3% decrease [6] - The Federal Reserve's potential rate cut in September is expected to positively impact growth-oriented assets, including cryptocurrencies, with a 97.6% chance of a 25 basis point cut being priced in [6] Investment Opportunities - Investors are encouraged to adopt a buy-the-dip strategy and consider investing in crypto-centric stocks [3] - Selected stocks include: - PayPal Holdings (PYPL): Expected earnings growth rate of 12.3% for the current year, with a 2.8% improvement in earnings estimates over the last 60 days [8] - Interactive Brokers Group (IBKR): Expected earnings growth rate of 11.4% for the current year, with a 10.7% improvement in earnings estimates over the last 60 days [10] - Robinhood Markets (HOOD): Expected earnings growth rate of 42.2% for the current year, with a 26% improvement in earnings estimates over the last 60 days [12] - NVIDIA Corporation (NVDA): Expected earnings growth rate of 46.2% for the current year, with a 3.1% improvement in earnings estimates over the last 60 days [14]