4 Stocks in Focus as Bitcoin Rallies Past $47,000

Bitcoin (BTC), the world's most prominent cryptocurrency, surged past the $47,000 mark on Jan 8 before settling just above $46,825. Cryptocurrencies rallied in 2023 and gathered further pace in late October, which has continued into this year. The last time Bitcoin traded above $47,000 was in April 2022. Although Bitcoin price remains below its alltime high of $67,000 reached in November 2021, market participants are once again bullish about its potential that is driving the rally. The recent rally is prima ...