Galaxy Digital's Growth Prospects Aligned with Positive Shift in U.S. Crypto Stance

Tuesday, 4 June 2024, 12:45

A recent report by Benchmark suggests that Galaxy Digital may see favorable results as political sentiment towards cryptocurrencies in the U.S. improves. The brokerage firm initiated coverage on the digital assets platform with a buy rating and set a target price of C$19. This signifies a potential upside for Galaxy Digital amid the changing landscape of crypto regulations and government support.
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Galaxy Digital's Growth Prospects Aligned with Positive Shift in U.S. Crypto Stance

Galaxy Digital's Growth Projection

A recent analysis by Benchmark highlights the potential benefits for Galaxy Digital as the political sentiment towards cryptocurrencies improves in the U.S.

Buy Rating and Target Price

  • The brokerage firm has initiated coverage on Galaxy Digital with a buy rating and set a price target of C$19.

This development underscores the growth prospects for Galaxy Digital in the evolving regulatory environment surrounding digital assets.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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