Crypto-based stocks are back in the spotlight after experiencing significant pressure amid rising global market volatility. Three major stocks, namely Coinbase (COIN), MicroStrategy (MSTR), and Marathon Digital (MARA), showed weakness as negative sentiment triggered by regulatory and geopolitical uncertainty.
On the other hand, the volatile movement of Bitcoin has also worsened the condition of the cryptocurrency market. This situation has made investors increasingly cautious about taking positions in high-risk assets.
Coinbase (COIN)
Coinbase (COIN) shares are under significant pressure and are trading at around $161 or about Rp2.73 million. Selling pressure increased as concerns emerged over a new draft regulation in the United States that could potentially prohibit the provision of yield on stablecoins. This policy is considered to reduce the attractiveness of interest-based crypto products which have been one of the sources of income. As a result, investor sentiment towards COIN is negative in the short term.
Source: Coingape
In a bearish scenario, COIN stock could potentially drop to $155 or around Rp2.63 million if the pressure continues. However, if there is a recovery in buying interest, the price could rebound to the range of $165 to $170 or about Rp2.80 million to Rp2.89 million. In the past seven days, the stock has fallen nearly 20%, reflecting considerable market pressure. COIN’s movement now largely depends on the clarity of crypto regulation and the policy direction of the Federal Reserve.
MicroStrategy (MSTR)
MicroStrategy (MSTR) also experienced weakness with the price closing at $126.03 or around Rp2.14 million after falling around 8%. The decline reflects investors’ concerns over the company’s huge exposure to Bitcoin (BTC). In the past 13 weeks, the company has accumulated around 90,831 BTC through an aggressive buying strategy. The high dependence on crypto makes the stock highly sensitive to market volatility.
Source: Coingape
In addition, the change in funding strategy is also a concern for investors. The company began promoting preferred shares with a yield of around 11.5% as a funding alternative. This move indicates an adjustment in strategy amid unstable market conditions. If Bitcoin (BTC) prices weaken again, pressure on MSTR shares could potentially continue in the short term.
Marathon Digital (MARA)
Marathon Digital (MARA) experienced a decline of 6.53% and closed at $8.02. Investors are now awaiting the company’s quarterly financial report to assess its fundamental performance.
The company is expected to record a loss of $0.25 per share or about Rp4,250 per share. This projection raises concerns about the company’s profitability amid volatile market conditions.
Source: Coingape
If the selling pressure continues, MARA shares have the potential to drop to the support level around $7 or IDR119,000, even down to $6 or IDR102,000. However, if market sentiment improves and there is an increase in demand, the share price could rebound to above $10 or around Rp170K. High volatility makes MARA’s movement highly dependent on the overall crypto market conditions. Investors need to keep an eye on the development of financial reports and the price of Bitcoin (BTC) as key indicators.
Originally written by: Kezia Marcellova
Source: Pintu News
Published on: 1 April 2026
Link to original article: Top 3 Crypto Stocks on the Rise in Early April 2026
