Posted 1/2/2024, 9:12:58 PM
Crypto and Fashion Stocks Rise: Bitcoin Over $45K, Tapestry Added to JPMorgan Focus List
- Crypto stocks like Coinbase, MicroStrategy, and Marathon Digital are reacting to bitcoin topping $45,000
- Tapestry stock moves higher after JPMorgan added it to Analyst Focus List and raised price target to $46
- Bitcoin optimism driven by potential for spot ETF approval and upcoming "halving" event
- Coinbase replacing head of custody ahead of potential role in Bitcoin ETF assets
- JPMorgan optimistic on Tapestry brands, especially Coach, noting metrics like net promoter score