These Are Top Crypto Stocks to Watch During Bitcoin’s Recovery

Coinbase , the leading US cryptocurrency exchange, is up 3.46% during the current trading session. The company's shares are changing hands at $152 a pop. Tokyo Electric Power Subsidiary Now Mining BitcoinMicroStrategy has surged 6.29% to reach $121. The Virgia-based business intelligence firm is the largest cryptocurrency holder of the leading cryptocurrency. At the same time, shares of cryptocurrency-friendly Silvergate Capital have plunged by more than 5%.

Other cryptocurrency-related stocks include Riot Platforms , Jack Dorsey's Block , and PayPal . All of them are also in the green at press time. According to CoinGecko, Bitcoin is trading at $55,422 after adding 3$ over the past 24 hours. The cryptocurrency managed to reclaim the $55,000 level during the European morning. report, which is on track to be published on Wednesday. This crucial data will provide traders and investors with more clarity regarding the Fed's upcoming rate cut. is still down nearly 6% this month.

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