Investors are closely monitoring three major crypto-linked stocks—Coinbase (COIN), Strategy (MSTR), and Robinhood (HOOD)—as the Federal Reserve is set to release the details of its latest Federal Open Market Committee (FOMC) meeting. The minutes, scheduled for July 8, are expected to offer guidance on the Fed’s stance regarding interest rates, particularly amid persistent inflation concerns.
Data from the CME FedWatch Tool indicates a slight majority of investors anticipate a 25 basis point rate hike in September, following recent inflation figures that surpassed 4%. Higher interest rates generally prompt investors to shift away from riskier assets like cryptocurrencies and related stocks, favoring safer government bonds that yield better returns in such an environment. The tone of the Fed’s minutes—whether hawkish or dovish—could therefore set the stage for either a sell-off or rally in crypto stocks.
Amid this backdrop, Coinbase has recently demonstrated resilience. Its stock rallied roughly 18% over five trading days, recovering above a key support level near $148. Trading volumes surged, with significant buying pressure reflected in the rising On-Balance Volume (OBV) indicator, suggesting renewed investor confidence. Should this momentum persist following the Fed’s announcement, Coinbase shares might test resistance levels around $176—or even approach their previous high near $222 reached in May 2026.
Strategy’s stock also captured attention after announcing plans to sell Bitcoin holdings worth $1.25 billion. The company aims to bolster its U.S. dollar reserves and repurchase shares of both MSTR and its subsidiary STRC. This move generated bullish sentiment around STRC, which rebounded from a low of $71 to $87 within the week. Meanwhile, MSTR saw gains moving from $82 to $100 but needs to break above its 20-day exponential moving average near $109 for a clearer bullish confirmation. The Relative Strength Index (RSI) at 40 points to remaining selling pressure, though the recent upward trend suggests bears may be losing steam.
Robinhood outperformed peers by reaching a six-month high of $112 after its expansion into the European Union market became a focal point for investors. The company’s strategic growth in new markets appears to be driving increased buying interest in its shares.
All eyes will be on the Federal Reserve minutes to decipher the policy trajectory amid inflation pressures. The reaction among these crypto-linked stocks will likely hinge on the perceived balance between ongoing rate hikes and the Fed’s commitment to stabilizing prices without derailing market optimism.