Coinbase (COIN), MARA Holdings (MARA), and Galaxy Digital (GLXY) are three crypto US stocks making notable moves today. COIN is up 43% over the past month but down pre-market after a high-profile data breach and broader market pressure.
MARA is holding above key support despite a steep Q1 loss, backed by rising Bitcoin reserves and cautious analyst optimism. GLXY, fresh off its Nasdaq debut, is trading lower pre-market but remains near technical support after leading yesterday’s gains.
Coinbase (COIN)
Coinbase (COIN) surged 5% yesterday and is now up 43% over the past 30 days, showing strong investor resilience despite recent setbacks from a high-profile data breach.
The incident, involving rogue support agents leaking sensitive user information—including government IDs and home addresses—initially raised serious concerns about platform security. However, Coinbase’s decisive refusal to pay the $20 million ransom and its counter-offer of a $20 million bounty to identify the culprits may have reassured the market.
The firm’s firm stance and swift action likely contributed to continued investor confidence, helping the stock maintain its uptrend even amid user concerns over phishing and impersonation risks.
COIN Price Analysis. Source: TradingView.
Despite this recent momentum, COIN faces mixed analyst sentiment and short-term technical pressure. The average one-year price target from 26 analysts sits slightly below the current price at $265.23—down 2.47%—with the majority split between “Strong Buy” and “Hold” recommendations.
In pre-market trading, COIN is down 3.8%, mirroring Bitcoin’s drop following Donald Trump’s announcement of a potential 50% tariff on the EU, which triggered broader risk-off sentiment. With COIN hovering near key support levels at $270.45 and $257, a breakdown could open room toward $240.
Conversely, if it holds support and regains momentum, a move toward $285.55 remains possible in the short term.
MARA Holdings (MARA)
MARA Holdings has shown relative strength over the past month, rising 11.3% and holding firmly above the $15 level since May 9. Although it closed down 1.2% yesterday and is trading 3.9% lower in the pre-market—dragged down by Bitcoin’s correction from its all-time high—the broader trend remains constructive.
The company reported Q1 2025 revenue of $213.9 million, up from $165.2 million a year earlier, driven by a 77% increase in the average Bitcoin price.
Despite a net loss of $533.4 million due to reduced production post-halving and sharp price volatility at the quarter’s end, MARA boosted its Bitcoin holdings to 47,531 BTC—marking a 174% year-over-year increase.
MARA Price Analysis. Source: TradingView.
Analyst sentiment on MARA is cautiously bullish: seven of 17 analysts rate it a “Strong Buy,” while nine recommend holding, and only one suggests a “Strong Sell.”
The average 12-month price target is $20.27, indicating nearly 29.5% upside from current levels. Technically, MARA maintains a bullish EMA setup, although the narrowing gap between the lines signals waning momentum.
If the trend weakens further, MARA could test support at $15.67 and $15.25; a breakdown below these levels could lead to a drop toward $14.47.
Galaxy Digital (GLXY)
Galaxy Digital (GLXY) is gaining attention following its highly anticipated Nasdaq debut, closing up 9% yesterday and outperforming all other crypto-related U.S. stocks.
While it’s down nearly 5.1% in pre-market trading today, the listing on May 16 at an opening price of $23.50 marked a major milestone for the firm. CEO Mike Novogratz called the listing process “unfair and infuriating,” pointing to ongoing regulatory friction that has complicated the company’s U.S. ambitions.
Despite posting a Q1 net loss of $295 million, the debut has sparked renewed interest in GLXY’s broader role within crypto markets.
GLXY Price Analysis. Source: TradingView.
Investor sentiment remains mixed, but Galaxy is pressing ahead with forward-looking initiatives—including a potential partnership with the SEC to tokenize its shares for use in decentralized finance (DeFi) ecosystems.
Technically, GLXY has gained 4% since its debut and is now approaching critical levels. If the current downside pressure holds, the stock risks dropping below $23.61, potentially sliding to $21.20.
On the upside, if bulls regain control, GLXY could retest resistance at $25 and target a move toward $26.59 in the near term.
