Cryptocurrency Stocks to Watch Amid Rising Market Volatility

MarketBeat's stock screener tool has identified five cryptocurrency stocks that are worth watching, based on their recent trading activity. These companies have seen high dollar trading volume in the last few days and offer investors indirect exposure to the crypto sector through traditional equity markets.

The five companies are Galaxy Digital (GLXY), Bitfarms (BITF), HIVE Digital Technologies (HIVE), Digi Power X (DGXX), and ZenaTech (ZENA). They operate in various aspects of the cryptocurrency industry, including mining, exchange services, wallet providers, and chipmakers for mining hardware.

Galaxy Digital is a financial services and investment management company that engages in digital asset, cryptocurrency, and blockchain technology sectors. Bitfarms Ltd. mines cryptocurrency coins and tokens, primarily validating transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees.

HIVE Digital Technologies operates as a cryptocurrency mining company in Canada, Sweden, and Iceland, while Digi Power X focuses on digital currency mining in the United States. ZenaTech is an enterprise software technology company that develops cloud-based software applications, including cryptocurrency wallets and cloud-based enterprise solutions for various industries.