Investing.com – The cryptocurrency market has roared back to life following the recent U.S. presidential election, with reaching new highs.
Piper Sandler’s latest insights hint that President-elect Donald Trump’s warm take on crypto triggered a surge in investor optimism through the market, with Bitcoin soaring almost 9% overnight.
Analysts believe the election outcome could be a tipping point that opens the door to wider acceptance of crypto in mainstream finance.
4 crypto stocks to monitor
Piper Sandler’s report spotlighted four stocks poised to gain from this momentum: Robinhood (NASDAQ:), Coinbase (NASDAQ:), Virtu Financial (NASDAQ:), and CME Group (NASDAQ:).
Robinhood relies heavily on crypto for its revenue, with 15 cryptocurrencies currently available on the platform. If regulatory clarity improves, the no-fee app could expand this lineup and roll out…
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