5 Crypto-Related Stocks With Upside as Bitcoin Hits All-Time High

Zacks11-07

Cryptocurrencies are on a rally, with Bitcoin (BTC) hitting an all-time high on Wednesday morning, amid reports of Donald Trump making major gains in the U.S. Presidential election. Bitcoin crossed ...

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Bitcoin crossed ...</p>\n\n<a href=\"https://finance.yahoo.com/news/5-crypto-related-stocks-upside-190000605.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IBKR","symbol_name":"盈透证券","start_time":0,"source_url":"https://finance.yahoo.com/news/5-crypto-related-stocks-upside-190000605.html","article_id":"2481183953","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/hk6HCjPXPyZRwRW0v3VWiw--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/b860ea12a153beee3522c8a43b4a1d3a"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2481183953","pubTimestamp":1730919600,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Cryptocurrencies are on a rally, with Bitcoin  hitting an all-time high on Wednesday morning, amid reports of Donald Trump making major gains in the U.S. Presidential election. Bitcoin crossed the $75,000 mark hours after the nation went to polls to elect the 47th president.The Bitcoin rally has been gaining pace over the past month after the Federal Reserve announced its first interest rate cut in four years. Investors are optimistic about another rate cut at the end of the Federal Reserve’s November policy meeting on Thursday, which is likely to give the crypto market a further boost.Given this situation, investing in Bitcoin related stocks like NVIDIA Corporation NVDA, Interactive Brokers Group, Inc. IBKR, BlackRock, Inc.BLK, Accenture plc ACN and CME Group Inc. CME, which have strong growth potential for the near term, would be a prudent choice.Bitcoin hit an all-time high of $75,011.06 on Wednesday, surpassing its previous high of $73,770 recorded in March. The cryptocurrency was ","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"IBKR":"盈透证券","LU1074936037.SGD":"JPMorgan Funds - US Value A (acc) SGD","BLK":"贝莱德","IE0034235303.USD":"PINEBRIDGE US RESEARCH ENHANCED CORE EQUITY \"A\" (USD) ACC","ETH":"Grayscale Ethereum Mini Trust","SG9999014906.USD":"大华全球优质成长基金Acc USD","NVDA":"英伟达","LU2506952170.USD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"CRH\" (USDHDG) INC","IE00B4JS1V06.HKD":"JANUS HENDERSON BALANCED \"A2\" (HKD) ACC","IE00BVYPNV92.GBP":"GUINNESS GLOBAL EQUITY INCOME \"C\" (GBP) ACC","SGXZ23171101.USD":"NIKKO AM SHENTON GLOBAL OPPORTUNITIES (USD) ACC","BTC":"Grayscale Bitcoin Mini Trust","IE0004086264.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"A\" (USD) ACC","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","LU1989771016.USD":"东方汇理环球老龄化投资基金 A2 Acc","ACN":"埃森哲","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","IE0004091025.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"B\" (USD) ACC","3NVD.UK":"LS 3X NVIDIA","CME":"芝加哥商品交易所","BK4585":"ETF&股票定投概念","ETHV":"Vaneck Ethereum ETF","IE00BZ199S13.USD":"BNY MELLON MOBILITY INNOVATION \"B\" (USD) ACC","L":"洛斯公司","IE00BMPRXR70.SGD":"Neuberger Berman 5G Connectivity A Acc SGD-H","IE00BJLML261.HKD":"HSBC GLOBAL EQUITY INDEX \"HCH\" (HKD) ACC","2NVD.UK":"2X NVIDIA ETP","IE00B5949003.HKD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A\" (HKD) ACC","LU1363072403.SGD":"Fidelity Global Financial Services A-ACC-SGD","QETH":"Invesco Galaxy Ethereum ETF","EZET":"Franklin Ethereum Etf","BK4550":"红杉资本持仓","LU0006306889.USD":"SCHRODER ISF US LARGE CAP \"A\" (USD) INC AV","LU2347655156.SGD":"JPMorgan Investment Funds - Global Income A (icdiv) SGD-H","LU0795875086.SGD":"JPMorgan Investment Funds - Global Income A (div) SGD","CETH":"21Shares Core Ethereum ETF","IE00BGHQF631.EUR":"GUINNESS GLOBAL EQUITY INCOME \"C\" (EUR) ACC","LU0158827948.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"A\" (USD) INC","IE00B3PB1722.GBP":"GUINNESS GLOBAL EQUITY INCOME \"C\" (GBP) INC","FETH":"Fidelity Ethereum Fund"},"translate_title":"随着比特币创下历史新高，5只加密货币相关股票具有上涨空间","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BLK":1,"BTC":1,"CME":1,"ETH":1,"IBKR":1,"ACN":0.9,"NVDA":0.9,"EZET":0.78,"QETH":0.78,"US10Y.BOND":0.78,"US12M.BOND":0.78,"US2Y.BOND":0.78,"US30Y.BOND":0.78,"US3Y.BOND":0.78,"US5Y.BOND":0.78,"FETH":0.78,"ETHV":0.78,"CETH":0.78,"US6M.BOND":0.78,"US7Y.BOND":0.78,"US912797HE00.BOND":0.6,"3NVD.UK":0.6,"2NVD.UK":0.6,"L":0.6},"content_text":"Cryptocurrencies are on a rally, with Bitcoin (BTC) hitting an all-time high on Wednesday morning, amid reports of Donald Trump making major gains in the U.S. Presidential election. Bitcoin crossed the $75,000 mark hours after the nation went to polls to elect the 47th president.\nThe Bitcoin rally has been gaining pace over the past month after the Federal Reserve announced its first interest rate cut in four years. Investors are optimistic about another rate cut at the end of the Federal Reserve’s November policy meeting on Thursday, which is likely to give the crypto market a further boost.\nGiven this situation, investing in Bitcoin related stocks like NVIDIA Corporation NVDA, Interactive Brokers Group, Inc. IBKR, BlackRock, Inc. BLK, Accenture plc ACN and CME Group Inc. CME, which have strong growth potential for the near term, would be a prudent choice.\nBitcoin Hits All-Time High\nBitcoin hit an all-time high of $75,011.06 on Wednesday, surpassing its previous high of $73,770 recorded in March. The cryptocurrency was last trading at 74,802, up 8.2% in the past 24 hours. The high came as millions of Americans came out to cast their votes to elect the nation’s next president.\nOther major cryptocurrencies like Ethereum (ETH), Cardano (ADA) and Dogecoin (DOGE) also surged on Tuesday. Ethereum, Cardano and Dogecoin jumped 6.6%, 8.8% and 18.8%, respectively. The cryptocurrency market cap surged to nearly $1.5 trillion hours after polling opened.\nBitcoin Rally to Continue\nBitcoin has performed well lately, driven by institutional investments and increasing mainstream acceptance. Bitcoin ETFs have attracted more than $50 billion in inflows, which has helped create a solid base for Bitcoin's recent price changes.\nBitcoin is often linked to Trump's campaign because of his strong advocacy for digital assets. He has even pledged to turn the United States into the global hub for cryptocurrency.\nThe Federal Reserve cut interest rates by 50 basis points in September, giving a major boost to cryptocurrencies. Since then, Bitcoin has been on a strong rally. Market participants are now confident that the Federal Reserve will announce another 25 basis-point interest rate cut at the end of its November policy meeting this week, which could further fuel the ongoing rally.\nAlso, market analysts predict that Bitcoin could exceed $80,000 by the end of November, regardless of the election results.\nBitcoin Related Stocks With Upside\nNVIDIA Corporation\nNVIDIA Corporation is a major player in the semiconductor industry and has been one of the standout success stories of 2023. As a leading designer of graphic processing units (GPUs), the value of the NVDA stock tends to surge in a thriving crypto market. This is primarily due to the crucial role that GPUs play in data centers, artificial intelligence, and the mining or production of cryptocurrencies.\nNVIDIA’s expected earnings growth rate for the current year is more than 100%. The Zacks Consensus Estimate for current-year earnings has improved 0.7% over the last 60 days. Currently, NVIDIA has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.\nImage Source: Zacks Investment Research\nInteractive Brokers Group, Inc.\nInteractive Brokers Group, Inc. is a global automated electronic broker. IBKR executes, processes and trades in cryptocurrencies. IBKR’s commodities futures trading desk also offers customers a chance to trade cryptocurrency futures. IBKR has a Zacks Rank #2.\nInteractive Brokers Group has an expected earnings growth rate of 20% for the current year. The Zacks Consensus Estimate for current-year earnings has improved 1.2% over the last 60 days. IBKR currently has a Zacks Rank #2.\nImage Source: Zacks Investment Research\nBlackRock\nBlackRock is one of the world’s largest investment managers and is publicly owned. BLK was among the first companies from the traditional market to join the Bitcoin ETF race back in June 2023.\nBlackRock’s expected earnings growth rate for the current year is 13.7%. The Zacks Consensus Estimate for current-year earnings has improved 3.6% over the past 60 days. BLK currently sports a Zacks Rank #1.\nImage Source: Zacks Investment Research\nAccenture plc\nAccenture plc is a worldwide system integrator that offers consulting, technology and various other services. The company promotes Ethereum-based blockchain solutions to businesses, aiming to simplify payment processing.\nAccenture’s expected earnings growth rate for the current year is 6.9%. The Zacks Consensus Estimate for current-year earnings has improved 1.5% over the last 60 days. ACN currently carries a Zacks Rank #2.\nImage Source: Zacks Investment Research\nCME Group\nCME Group Inc.’s options give the buyer of the call/put the right to buy/sell cryptocurrency futures contracts at a specific price at some future date. CME offers Bitcoin and ether options based on the exchange's cash-settled standard and micro-Bitcoin and Ethereum futures contracts.\nCME Group’s expected earnings growth rate for the current year is 9.5%. The Zacks Consensus Estimate for current-year earnings has improved 3.1% over the last 60 days. CME presently has a Zacks Rank #2.\nImage Source: Zacks Investment Research\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nCME Group Inc. (CME) : Free Stock Analysis Report\nAccenture PLC (ACN) : Free Stock Analysis Report\nBlackRock, Inc. (BLK) : Free Stock Analysis Report\nInteractive Brokers Group, Inc. (IBKR) : Free Stock Analysis Report\nNVIDIA Corporation (NVDA) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2481183953"}