Weakened Dollar Trust Boosts Crypto Stocks

Seven cryptocurrency stocks have caught the attention of MarketBeat's stock screener tool as the dollar trust weakens. Among them are Bitfarms, a Canadian company that mines cryptocurrency coins and tokens in several countries, and Galaxy Digital, a financial services and investment management firm with operations in the digital asset sector.

Bitfarms owns and operates server farms that validate transactions on the Bitcoin Blockchain, earning cryptocurrency from block rewards and transaction fees. The company also provides electrician services to commercial and residential customers in Quebec, Canada.

Galaxy Digital engages in trading, principal investment, asset management, investment banking, mining, and corporate activities through its various segments.

Other notable stocks on the list include Ionic Digital, a digital infrastructure solutions and cryptocurrency mining company, and HIVE Digital Technologies, a Canadian-based cryptocurrency mining firm with operations in Sweden and Iceland.