Crypto Stocks Could Be the Hot Trade In September: $HOOD $CRCL $COIN $SOFI $PURR

AfraSimon
08-31 07:07

My top focus for the first two weeks of September is crypto stocks.

The big catalyst everyone is waiting for is the CLARITY Act Senate procedural vote on September 15, which gives us roughly two weeks of potential run-up.

We’re already seeing some crypto names showing strength, which makes me wonder if bigger money is positioning ahead of the catalyst. 👀

I like the idea of following the relative strength and riding the hot hand while the setup is there.

My basket:

💰 $Robinhood(HOOD)$
💵 $Circle Internet Corp.(CRCL)$
🪙 $Coinbase Global, Inc.(COIN)$
🏦 $SoFi Technologies Inc.(SOFI)$
🐱 $Hyperliquid Strategies Inc(PURR)$
₿ $BTC / $ETH

The next major step in U.S. crypto legislation is coming September 15, with the midterms ahead and what many view as the most crypto-friendly administration ever.

The theme already has relative strength, the catalyst is clear, and the timing gives us a defined window.

Nice swing setup + a strong narrative. 🎯📈

Let’s see how these names behave into September 15.

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