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On Monday, August 9th, many crypto, and blockchain penny stocks pushed up during morning trading. Alongside this, some of the most popular cryptocurrencies such as Bitcoin and DogeCoin, were up by at least 5% or so. And after several weeks of a bear crypto market, many investors are excited that today could be a turning point.\u00a0<\/p>\n
During morning trading, Bitcoin pushed past $45,000, which is beyond its 200-day moving average. In addition, DogeCoin sat at over $0.25, bringing in around 25% in gains in the past week alone. As a result of this, many investors are once again looking at blockchain and cryptocurrency stocks<\/a> to benefit.\u00a0<\/p>\n [Read More]<\/strong> 4 Penny Stocks On Robinhood To Watch This Week<\/a><\/p>\n One example of this is the pure-play Bitcoin miner, Bitfarms Ltd. (NASDAQ: BITF<\/a>) which pushed up by over 15% today and almost 80% in the past month. A few months ago after DogeCoin hit a high of $0.73 most cryptocurrencies quickly retreated. And for the past few months, this has been mostly the case across both popular coins and penny stocks<\/a> involved in the crypto industry.\u00a0<\/p>\n However, all it takes is a symbolic move like BTC passing $45k, to spark an overall bull run. It\u2019s important to remember that crypto is highly speculative, which means that investors should be careful and consider their threshold for risk. With all of this in mind, let\u2019s take a look at three blockchain penny stocks<\/a> to watch right now.\u00a0<\/p>\n Future Fintech Group is a provider of blockchain-based e-commerce services. In works in the fintech industry, and offers a wide range of products including an online shopping mall that utilizes blockchain tech, a variety of blockchain-based applications, and more. Today, shares of FTFT stock pushed up by around 15%, presumably on the positivity surrounding crypto.\u00a0<\/p>\n3 Blockchain Penny Stocks to Watch Right Now\u00a0<\/h2>\n
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Future Fintech Group (NASDAQ: FTFT)\u00a0<\/h3>\n