2 Crypto Stocks to Watch After Bitcoin 'Halving'

Cryptocurrency stocks are on the rise today, as Bitcoin (BTC) moves higher following Friday's fourth-ever 'halving' event-- its first since 2020. Halving refers to reducing the reward for mining new bitcoin by 50% in order to manage the supply and maintain the cryptocurrency's scarcity. Among others, the shares of both Coinbase Global Inc (NASDAQ:COIN) and Riot Platforms Inc (NASDAQ:RIOT) are surging in response. At last glance, COIN was up 6.8% to trade at $225.25, earlier climbing as high as $227.15. The ...