Bitcoin breaks through $120,000 historically! The crypto 'Golden Week' is here, which stocks can fly with it?
Witness history! Today (July 14), Bitcoin rose 3.7% to $122,020, after climbing to $122,530 in trading, setting a new all-time high! The new high of digital gold directly ignited crypto-related assets.
"Crypto Week" Triple Launch
This wave of market movement is not without reason. The U.S. House of Representatives is set to discuss several major cryptocurrency bills this week, arranging the "Genius Act," "Clarity Act," and "Anti-CBDC Surveillance State Act" all at once. The market is betting that if these bills pass, the cryptocurrency industry will usher in a spring—successful passage of the bills will greatly enhance regulatory transparency in the industry. Coupled with the continuous inflow of Bitcoin spot ETFs and rising expectations of a Fed rate cut, it's hard for this market not to heat up.
Several top investment banks are collectively bullish, with target prices getting more aggressive. Bernstein, Standard Chartered, and Bitwise believe Bitcoin will reach $200,000 by 2025, while JP Morgan thinks it could hit $150,000. Now that Bitcoin has stabilized at $120,000, it has boosted related stocks and financial products.
Which stocks are the most exciting? Just copy the homework!
U.S. Stocks:
Cryptocurrency Exchanges: $Coinbase(COIN.US), $Robinhood(HOOD.US)
Bitcoin "Hodler" Stocks: $Strategy(MSTR.US), $SharpLink Gaming(SBET.US), $Galaxy Digital(GLXY.US)
Bitcoin Mining Stocks (Computing Power Concept): $Mara(MARA.US), $CleanSpark(CLSK.US), $Core Scientific, Inc.(CORZ.US), $Riot Platforms(RIOT.US), $IREN(IREN.US), $Bitdeer Tech(BTDR.US), $Hut 8 Mining(HUT.US), $Terawulf(WULF.US), $Cipher Mining(CIFR.US)
Stablecoin Issuers: $Circle(CRCL.US)
Blockchain Technology Companies: $Block(SQ.US), $Paypal(PYPL.US), $NVIDIA(NVDA.US), $AMD(AMD.US)
Hong Kong Stocks:
Platform Stocks: $OSL GROUP(00863.HK), $SINOHOPE TECH(01611.HK)
Stablecoin and Fintech Related Stocks: $GUOTAI JUNAN I(01788.HK), $BOYAA(00434.HK), $CR HOLDINGS(01911.HK), $CHINA EB LTD(00165.HK), $ZA ONLINE(06060.HK), $LIANLIAN(02598.HK), $LINKLOGIS-W(09959.HK)
For advanced players seeking high returns, you can also focus on leveraged or inverse ETFs, with both long and short tools available, suitable for quick entry and exit during increased volatility.
$T-REX 2X Long MSTR Daily Target ETF(MSTU.US)
$Daily Target 2X Long MSTR ETF(MSTX.US)
$GraniteShares 2x Short COIN Daily ETF(CONI.US)
$GraniteShares 2x Long COIN Daily ETF(CONL.US)
$T-Rex 2X Long HOOD Daily Target ETF(ROBN.US)
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