Tom Lee Named BMNR, MSTR, COIN as Top Picks for Fresh Crypto Bull Run
benzinga_article·- Fundstrat’s Tom Lee named BMNR, MSTR, and COIN as top crypto proxy stocks while identifying the current week as one of Bitcoin’s 10 most important days of the year. - Lee highlighted BMNR, MSTR, and COIN for their strong correlations to Ethereum and Bitcoin, alongside expectations that Ethereum will outperform this cycle due to tokenization and agentic AI. - Technical analysis shows BMNR breaking above its 200-day EMA at 22.04 dollars, marking a structural shift in trend despite a stretched RSI reading of 73.73.US stocks end week on up note, Nasdaq 100 snaps five-day slump
Money Control·- US stocks and the Nasdaq 100 rose on Friday, halting a five-day losing streak driven by strong business activity and a 9.4% surge in Bitcoin to over $ 79,000. - Despite Friday's gains, the S&P 500 posted a weekly loss due to rising 10-year Treasury yields reaching 4.73% and climbing crude oil prices. - Market participants remain focused on macroeconomic fundamentals like inflation uncertainty and large deficits, while awaiting upcoming Treasury announcements and Nvidia earnings.MARA Holdings, Coinbase Global, Ternium And Other Big Stocks Moving Higher On Friday
benzinga_article·- U.S. stocks advanced on Friday, driven by a broad market upward trend with the Dow Jones index gaining around 350 points. - Crypto-related equities such as MARA Holdings and Coinbase Global experienced significant gains as Bitcoin prices traded higher by approximately 7% in the morning session. - Various individual companies also moved higher due to specific corporate developments, earnings reports, analyst upgrades, or acquisition speculation.