Bitcoin flirted with $64,000 on Tuesday, zeroing in on a record high as excitement over its first exchange-traded fund (ETF) — and another soon to come — reached a fever pitch.
Sam Stovall, CFRA Chief Investment Strategist, joins Yahoo Finance to discuss the outlook on earnings season, the energy market, and the crypto space amid the launch of ProShares Bitcoin Strategy ETF.
Shares of cryptocurrency exchange Coinbase Global (NASDAQ: COIN) gained ground on Tuesday following new partnership announcements with Facebook (NASDAQ: FB) and the NBA. For Facebook, Coinbase will be offering support for its Novi digital-payments platform, which runs on cryptocurrency Pax Dollar. According to CoinDesk, Coinbase has also secured a partnership with the NBA.