2 Crypto Stocks to Buy as Bitcoin Nears US$100k

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After crashing spectacularly in 2022, Bitcoin (CRYPTO:BTC) prices have surged over 500% since the start of 2023. Valued at a market cap of US$1.88 trillion, Bitcoin is the seventh-largest asset in the world. At the time of writing, BTC prices are trading around $95,000, rising 115% in 2024.

Historically, Bitcoin enters a bull run every four years, which is centred on the halving event. The last Bitcoin halving event took place in April 2024, which means the prices of the digital asset will move higher over the next 12 months. Given these factors, here are two crypto stocks you can buy as Bitcoin nears the US$100,000 milestone.

Coinbase stock

Coinbase (NASDAQ:COIN) is the world’s second-largest cryptocurrency exchange, valued at US$77 billion by market cap. The crypto exchange’s performance is tied to BTC prices, as the cryptocurrency still accounts for the majority of its trading volumes.

Generally,…

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