US stocks rose to new record highs on Monday, easing signs of progress in global trade talks and macroeconomic pressures.
No crypto-related stocks were left behind. Crypto stocks continue to record profits as Bitcoin and broader digital assets recover from recent lows. Glxy, Hut, and Iren are some of the US listed crypto stocks to watch today.
Galaxy Digital (glxy)
Galaxy Digital Stock records fresh profits supported by recent major developments within the company.
Its asset management unit, Galaxy Asset Management, has confirmed the final end of its subscribed Galaxy Ventures Fund I, LP, which raises more than $175 million, exceeding its original $150 million target.
At the end of Monday’s trading session, Glxy rose 2% to $21.90, reflecting a new bullish momentum. In today’s pre-market trading session, the price of GLXY is $22.49.
If bullish pressure continues when the market reopens, the stock could push it to $23.50.
However, if sales pressure rises, you can pull back to $21.30.
Hut 8 (hut)
Hut is another crypto stock to look at today, following the company’s latest operating milestones. On June 30, the company announced Energy for Vega, a large Bitcoin mining facility considered to be the largest single-building mining operation by nameplate hashrate.
Hutt8 shares rose 5.32% on Monday due to bullish sentiment over the announcement. The shares will trade at $18.35 during today’s pre-market trading session.
If buyers step in after the market opens, Hut’s price can be regained above the level above $18.60.
Once converged, the price could retreat towards support at $17.24 if sales pressure arises.
Iren
Ayren is one of the crypto stocks to see today. The publisher has reached a medium-term target of EH/S installed self-mining capabilities of 50.
On June 30, the company confirmed that the expansion was pinned to the 750MW Childress site. This currently supports 650MW of operational capabilities. This milestone places Aylen among the largest and most efficient Bitcoin miners globally.
During today’s pre-market trading session, Airen is priced at $13.98. If the Bulls maintain control when the market opens, the stock could rise to $15.79.
On the other hand, if you can’t maintain your purchase pressure, you could potentially return the price to support for $13.51.
Disclaimer
In line with Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. Although Beincrypto is committed to accurate and unbiased reporting, market conditions are subject to change without notice. Always carry out your research and consult with an expert before making any financial decisions. Please note that our terms and conditions, privacy policy and disclaimer have been updated.
