Interesting Cryptocurrency Stocks To Consider – January 20th

Robinhood Markets, BTC Digital, and Bitdeer Technologies Group are the three Cryptocurrency stocks to watch today, according to MarketBeat’s stock screener tool. Cryptocurrency stocks refer to publicly traded companies that are involved in the development, mining, or trading of cryptocurrencies. These stocks can provide exposure to the growing cryptocurrency market without directly owning digital currencies. Investors can buy and sell these stocks on traditional stock exchanges like any other publicly traded company. These companies had the highest dollar trading volume of any Cryptocurrency stocks within the last several days.

Robinhood Markets (HOOD)

Robinhood Markets, Inc. operates financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds (ETFs), American depository receipts, options, gold, and cryptocurrencies. The company offers fractional trading, recurring investments, fully-paid securities lending, access to investing on margin, cash sweep, instant withdrawals, retirement program, around-the-clock trading, and initial public offerings participation services.

Robinhood Markets stock traded up $2.07 during trading hours on Monday, reaching $48.15. 35,128,062 shares of the stock were exchanged, compared to its average volume of 17,235,492. Robinhood Markets has a twelve month low of $10.38 and a twelve month high of $49.27. The company has a market cap of $42.56 billion, a P/E ratio of 81.61, a price-to-earnings-growth ratio of 0.58 and a beta of 2.07. The stock has a 50 day moving average of $38.63 and a two-hundred day moving average of $28.25.

BTC Digital (METX)

Shares of BTC Digital stock traded up $3.50 on Monday, reaching $8.26. 61,453,355 shares of the stock were exchanged, compared to its average volume of 33,951. The firm’s 50 day moving average is $9.30 and its 200-day moving average is $4.36. BTC Digital has a one year low of $1.75 and a one year high of $9.93.

Bitdeer Technologies Group (BTDR)

Bitdeer Technologies Group operates as a technology company for blockchain and computing. It offers hash rate sharing solutions, including Cloud hash rate and Hash rate marketplace; and a one-stop mining machine hosting solutions encompassing deployment, maintenance, and management services for efficient cryptocurrency mining; as well as mines cryptocurrencies for its own account.

Shares of BTDR traded down $0.64 during midday trading on Monday, hitting $20.90. The company’s stock had a trading volume of 9,311,970 shares, compared to its average volume of 8,017,907. Bitdeer Technologies Group has a one year low of $5.23 and a one year high of $26.99. The stock has a market capitalization of $2.34 billion, a price-to-earnings ratio of -40.19 and a beta of 2.09. The company’s fifty day simple moving average is $17.80 and its two-hundred day simple moving average is $11.51.