Top 6 Cryptocurrency Stocks to Watch

The cryptocurrency stock sector became one of the market’s hottest in 2021 and 2022, when bitcoin was hitting all-time highs.

All of the major cryptocurrencies crashed in 2022… but now that they’ve found support, this sector is a threat to heat up again.

Cryptocurrency stocks include all of the following:

The cryptocurrency sector is part of the financial services sector, which is cyclical — meaning that stocks tend to follow the direction of the larger economy. Prior to the crypto crash of 2022, crypto boosters theorized that the crypto sector would be resistant to larger economic currents, with crypto acting as a hedge against inflation. At least for this cycle, crypto proved even more susceptible to market turmoil.

Even though it’s fallen from all-time highs, this sector is still worth watching. At its best, every crypto stock acts like a penny stock.

The Best Cryptocurrency Stocks in 2025 — Sector Leaders

Let’s unpack what the ‘best cryptocurrency stocks’ should mean to you. I definitely don’t mean that they’re the best stocks to invest in.

I don’t think that any stocks are ‘safe.’ What I look for is volatility, and the best cryptocurrency stocks have plenty of it!

When you’re learning about a sector, pay attention to the sector leaders. Their charts can tell you a lot about the health of the sector.

When they’re running, their momentum can affect their entire sector and create the sympathy plays I like to trade!

Coinbase Global Inc [NASDAQ: COIN]

Founded in 2012, Coinbase is the leading cryptocurrency exchange platform in the United States. The company intends to be the safe and regulation-compliant point of entry for retail investors and institutions into the cryptocurrency economy. Users can establish an account directly with the firm, instead of using an intermediary, and many choose to allow Coinbase to act as a custodian for their cryptocurrency, giving the company breadth beyond that of a traditional financial exchange. While the company still generates the majority of its revenue from transaction fees charged to its retail customers, Coinbase uses internal investment and acquisitions to expand into adjacent businesses, such as prime brokerage, data analytics, and collateralized lending.

PayPal Holdings Inc. [NASDAQ: PYPL]

Paypal Holdings Inc is a technology platform that enables digital payments and simplifies commerce experiences on behalf of merchants and consumers all over the world.

The crypto angle here comes courtesy of PayPal and subsidiary Venmo’s crypto services. These apps have the most users in the peer-to-peer money movement space, which could position them as leading cryptocurrency platforms in the future.

Riot Platforms Inc. [NASDAQ: RIOT]

Riot Platforms Inc is focused on building, supporting, and operating blockchain technologies. Distributed blockchain technology is a decentralized and encrypted ledger that is designed to offer a secure, efficient, verifiable, and permanent way of storing records and other information without the need for intermediaries. It serves as a medium of exchange, store of value, or unit of account. The company’s segments include Bitcoin Mining; Data Center Hosting and Engineering. It generates maximum revenue from the Bitcoin Mining segment.

The Best Cryptocurrency Penny Stocks in February 2025

With Donald Trump sworn in as the 47th President of the United States, the cryptocurrency market is riding high. Bitcoin (BTC) smashed through a new all-time high on a day when traditional markets were closed for Martin Luther King Jr. Day—coincidentally, the same day as Trump’s inauguration. Traders and crypto enthusiasts alike are paying attention to Trump’s desire to make the U.S. a global leader in the crypto space.

The incoming administration has committed to investing in digital currencies. Trump’s crypto ideas include the creation of a federal Bitcoin reserve, streamlined regulations to attract institutional investment, and policies aimed at promoting widespread adoption of cryptocurrencies. The buzz surrounding Trump’s pro-crypto stance has ignited momentum across the board, with Bitcoin-related stocks, blockchain companies, and digital assets benefiting from the market’s optimism. The launch of Trump’s digital tokens—Crypto Emperor Trump ($TRUMP) and Official Melania Meme ($MELANIA)—is another part of this hype sandwich.

For short-term traders, the volatility surrounding these developments creates plenty of opportunities to trade the spikes. But, as I always teach, don’t get caught up in the hype. The crypto market is as unpredictable as ever, and it’s critical to stick to your trading framework. Cut losses quickly, lock in your profits, and always remember that no stock—or coin—is “safe.”

The stocks on my watchlist aren’t recommendations to buy. This is just ONE of the many watchlists I keep…

I want to show you how to create your own watchlists, so that you’re prepared for anything the market throws at you!

That’s how $15 million trader Jack Kellogg earned over $2 million in trading profits after Trump’s election victory…

In just 10 weeks!*

And now, starting shortly after Trump’s official swearing in, Jack believes things are about to get even crazier.

Click HERE to see Jack’s plan for the Trump era.

Here are the crypto penny stocks he’s watching:

CleanSpark Inc. (NASDAQ: CLSK)

CleanSpark Inc., based in Nevada, operates Bitcoin mining data centers with a focus on using low-carbon energy. Recently, the company hit a major milestone, coming into possession of over 10,000 Bitcoin—a 236% year-over-year increase. For traders, that’s a sign this company knows how to capitalize on momentum in the Bitcoin market.

Key Catalysts:
CleanSpark’s low-carbon mining narrative adds speculative appeal, but the real driver here is Bitcoin’s price movement. When Bitcoin rallies, CleanSpark often sees sharp upward spikes, making it a go-to stock for short-term traders. Keep an eye on news about mining efficiency and Bitcoin accumulation as potential catalysts.

Trading Strategy:
Ride the momentum but avoid overcommitting. CleanSpark is tied to Bitcoin’s volatility, so trade it like a momentum stock—look for breakouts and volume spikes. Always trade with stops in place and focus on taking quick singles rather than hoping for home runs.

Canaan Inc. (NASDAQ: CAN)

Canaan Inc. designs and manufactures ASIC chips for Bitcoin mining, making it a key player in the cryptocurrency infrastructure space. While its technology is solid, the stock is extremely volatile due to regulatory pressures and fluctuating demand for mining equipment. It’s a classic example of a stock that can spike on hype but faces significant long-term challenges.

Here’s the latest news on this volatile asset.

Key Catalysts:
Canaan has faced headwinds from increasing regulatory scrutiny in the crypto mining sector. However, any bullish news on Bitcoin or crypto adoption can send this stock spiking. The company’s strong foundation in ASIC chip technology positions it well for short-term trading opportunities when the crypto market heats up.

Trading Strategy:
Focus on short-term price action. Canaan is highly reactive to Bitcoin’s price movements and regulatory news, making it ideal for intraday trades. Look for clear setups with high volume and don’t hold overnight without a solid reason—this stock can reverse quickly.

MARA Holdings, Inc. (NASDAQ: MARA)

MARA Holdings, formerly Marathon Digital, has expanded its focus beyond Bitcoin mining to include AI and high-performance computing infrastructure. This pivot may sound exciting, but it’s worth asking whether it’s just another buzzword strategy to attract traders. Still, MARA’s expansion of its Ohio operations by 372 megawatts shows it’s serious about scaling its mining capacity.

Key Catalysts:
MARA’s growth plans include nearly 1.5 gigawatts of capacity and potential diversification into AI-related services. These moves have created speculative buzz, but the stock’s performance remains closely tied to Bitcoin’s price movements.

Here’s the kind of move that big market-cap Bitcoin stocks like MARA can still make!

Trading Strategy:
Trade the momentum but stay skeptical of the AI narrative until there’s proof it can deliver results. MARA is a volatile stock that reacts sharply to Bitcoin rallies. Use technical setups to guide your entries and exits, and always keep a close eye on Bitcoin prices.

* Past performance doesn’t indicate future results.

How to Trade Cryptocurrency Stocks

Learning how to trade cryptocurrency stocks starts with your education. You need to learn what penny stocks are, how they work, and how to identify their patterns.

My FREE penny stock trading guide is a good start.

From there, if you want to take it to the next level, consider joining my Trading Challenge.

Once you’re ready to start trading, you need a few key things…

Choose the Right Broker

To trade stocks, you need a brokerage account. Your broker is the gateway between you and trades. Choose a good one … Do your research and check out this guide for more tips.

Check out this quick startup guide to choosing a broker:

Get a Powerful Stock Platform

A stock screener can help you narrow down the many stocks available to trade. I use StocksToTrade, which can also help with the next item…

Build Your Watchlist

Before every trade, you need to perform a detailed stock analysis.

There are two key types of stock analysis: fundamental analysis and technical analysis.

See how I build my watchlists every Sunday by signing up to my NO-COST weekly watchlist!

StocksToTrade can help you do both: it has awesome charting software and links to stock news, SEC filings, and even social media mentions.

With day trading penny stocks, technical analysis — reading the charts — matters more. Chart patterns show me how a stock’s performed over weeks, months, or even years. That helps me build my…

Follow Your Trading Plan

A trading plan is where you plot out entry and exit points, risk, and profit goals. Ideally, you base the plan on careful research and stick to it.