Crypto Stocks: Understand What is Moving in the Market and Why.

Strategize Your Digital Asset Investment Strategy

Author

10x Research
July 14, 2025

MicroStrategy’s market capitalization has surged to $126 billion, while Coinbase has hit $100 billion, leaving them roughly 6% and 13% overvalued, respectively. Most crypto stocks lagged behind Bitcoin’s +11% rally over the past week. Notably, large-cap Bitcoin miners outperformed their smaller peers, indicating that institutional investors are increasingly using them as a proxy for Bitcoin exposure. Major crypto equities—especially MicroStrategy, Coinbase, and Robinhood—have moved largely in line with Bitcoin, underscoring strong correlation at the top of the market. Metaplanet has underperformed during the last week.

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