3 US Crypto Stocks to Watch Today

Crypto US stocks are drawing attention today, with Coinbase (COIN), Strategy Incorporated (MSTR), and Core Scientific (CORZ) showing distinct catalysts and price movements.

Coinbase is preparing for its S&P 500 debut while managing the fallout from a recent data breach. Strategy continues its aggressive Bitcoin buying spree but faces growing pressure from rising ETF competition. Meanwhile, Core Scientific stands out as the top performer in the group, gaining 53% in the past month and maintaining strong analyst support.

Coinbase (COIN)

Coinbase (COIN) has experienced notable price action following its landmark inclusion in the S&P 500, set to take effect on May 19. The crypto exchange will replace Discover Financial Services due to Capital One’s acquisition of the latter, making Coinbase the first crypto-native company to join the index.

This historic listing triggered bullish momentum, though recent price movements have been volatile.

After climbing in anticipation of the listing, COIN dropped 7.20% yesterday following news of a cybersecurity breach but rebounded 2.6% in pre-market trading.

COIN Price Analysis. Source: TradingView.

The breach, which affected under 1% of users, stemmed from rogue overseas contractors leaking personal data—including names and partially masked Social Security numbers.

Despite the attackers demanding a $20 million ransom, Coinbase refused and instead offered the same amount as a bounty for leads on the perpetrators. Technically, COIN continues to face resistance near $265, with bullish EMA lines still in place.

However, if the correction deepens, key support levels at $223.6, $211.58, and $193 could come into play. With the S&P 500 inclusion drawing near, a renewed uptrend could emerge, potentially pushing COIN back toward retesting the $264 zone.

Strategy Incorporated (MSTR)

Strategy (formerly MicroStrategy) made headlines this week after acquiring another 13,390 BTC for $1.34 billion, continuing its aggressive accumulation strategy amid a bullish Bitcoin backdrop.

The firm now holds over 568,000 BTC worth more than $50 billion, purchased at an average of ~$69,000 per coin. Despite facing scrutiny for its high-leverage approach and an $84 billion debt issuance plan, Strategy’s stock (MSTR) has surged 37% year-to-date and is up 1.1% in the pre-market, despite closing down 4.7% yesterday.

Technically, MSTR’s EMA lines remain bullish, but if the trend weakens, support lies at $383 and $356, while upside resistance targets sit at $404 and $437.

MSTR Price Analysis. Source: TradingView.

However, rising competition from spot Bitcoin ETFs is putting pressure on Strategy’s long-standing premium. Short seller Jim Chanos recently initiated a long-Bitcoin/short-MSTR trade, calling Strategy’s valuation “irrational” and fueled by retail hype.

Analysts argue that the availability of low-fee, direct BTC exposure through ETFs like BlackRock’s IBIT challenges the need for corporate wrappers like MSTR.

With a 32.79% one-year upside forecast and a price target of $527, investor sentiment remains cautiously optimistic, but if Bitcoin faces a sharp correction, Strategy’s debt-heavy model could quickly become a liability.

Core Scientific (CORZ)

Core Scientific (CORZ) was the only major crypto US stocks to close in the green yesterday, gaining 1.84% and adding another 1% in the pre-market.

The stock has been one of the top performers in recent weeks, rising 53% over the past month and 11% in just the last five days. This strong momentum is backed by bullish sentiment from analysts—16 experts surveyed by TradingView project an average 12-month upside of nearly 74%, with a price target of $18.28.

CORZ Price Analysis. Source: TradingView.

Of 17 analysts, 15 rate CORZ as a “Strong Buy,” further reinforcing investor confidence.

Technically, CORZ appears poised for further gains, with its EMA lines suggesting the formation of a potential golden cross. If the current momentum continues, the stock could test resistance levels around $13 in the near term.

However, should the uptrend stall, key support levels to watch lie at $10.34 and $9.45. As bullish sentiment and analyst confidence converge, CORZ is emerging as a standout among crypto-related equities.