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Ebube Jones

3 Buy-Rated Crypto Stocks to Consider as Bitcoin Prices Break Out

Bitcoin COIN Crypto Riot CIFR BITF Mining

Bitcoin (BTCUSD) prices have been on a wild ride lately, with the digital currency surging to its highest levels since May 2022 on growing hopes that the U.S. Securities and Exchange Commission (SEC) might finally give the green light to a spot Bitcoin ETF. Bitcoin has now doubled in value on a year-to-date basis, and is hovering right around $34,000 at last check.

Coinbase (COIN), which is a big player in the crypto world, seems pretty confident that this ETF is on the horizon - but shares of the online exchange have shed more than 21% in the last three months while BTC has broken out, and analysts have a tepid consensus rating of “hold” on COIN. However, with asset management heavyweights like BlackRock (BLK) getting ready to cash in on regulatory clearance for BTC-based ETFs, it's worth taking a look at some investing opportunities among cryptocurrency and blockchain stocks. 

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