#CryptoStocks
Today, cryptocurrency stocks showed mixed trading dynamics: the price of
Coinbase shares fell by almost 2%. What is happening with the shares of MicroStrategy?
• The price of Circle shares defied
market trends and rose by more than 4% during today's pre-sale session.
• Investors seem to be trading cautiously ahead of today's speech by the Chairman of the
U.S. Federal Open Market Committee and the Fed, Jerome
Powell.
Coinbase stocks (COIN) have recently gained noticeable influence among other crypto stocks as the broader digital asset space saw a resurgence of bets from global traders. Donald Trump's victory in the elections fuels hopes for crypto-friendly regulation in the U.S.
This turn of events has boosted investor confidence, and many traders are entering the market with new bets on cryptocurrency market players from Wall Street.