3 US Crypto Stocks to Watch This Week
- Bitdeer (BTDR) rallies on strong Q2 revenue but wider losses; stock eyes volatility between $13.57 support and $14.77 resistance.
- IREN jumps 14.8% on NVIDIA partnership and GPU expansion, with traders watching $25.62 downside and $29.00 breakout levels.
- Hut 8 (HUT) gains on U.S. expansion plans, with price risks near $24.74 but potential upside toward $29.28 if demand holds.
The final week of August ended on a lackluster note for the crypto market, with trading activity slowing and global market capitalization dipping by 6%.
However, a few US crypto stocks defied the broader market weakness, closing the week on a positive note and positioning themselves for potential gains this week.
Bitdeer Technologies Group (BTDR)
Sponsored
Sponsored
On Monday, Bitdeer Technologies’ shares closed at $14.29, up 4.46%. The stock is one to watch this week following the company’s release of its unaudited second-quarter results.
For Q2 2025, Bitdeer reported revenue of $155.6 million, a sharp increase from $99.2 million in the same quarter last year. However, higher operating costs weighed on margins. Cost of revenue nearly doubled to $142.8 million, leaving gross profit at $12.8 million. The company also posted a significantly wider net loss of $147.7 million, compared to a $17.7 million loss a year earlier.
Given this, BTDR could see heightened volatility in the coming days. During today’s pre-market session, the altcoin trades at $13.98. If demand climbs, the stock has room to climb toward $14.77.
Sponsored
Sponsored
On the other hand, if demand eases, it could slip to $13.57.
IREN Limited (IREN)
IREN closed Monday’s session at $26.45, marking a sharp gain of 14.80% on the day. The strong move comes as traders begin to react to new developments surrounding the company’s partnership with NVIDIA.
On August 28, IREN announced that it had secured NVIDIA Preferred Partner status and purchased an additional 1,200 air-cooled NVIDIA B300s and 1,200 liquid-cooled NVIDIA GB300s for approximately $168 million. The expansion brings its total GPU fleet to 10,900 units.
In pre-market trading today, IREN’s stock is changing hands at $26.13. If selling pressure persists, the price could slide below the $25.62 level.
On the other hand, a rise in demand could drive a rebound toward $29.50.
Sponsored
Sponsored
Hut 8 Corp (HUT)
HUT closed Monday’s session at $26.73, posting a modest gain of 0.83%. The move came ahead of a key development that could make the stock one to watch closely this week.
On August 26, the company announced plans to develop four new sites across the United States as part of its broader energy infrastructure strategy. Once completed, these projects are expected to lift Hut 8’s platform to more than 2.5 gigawatts of capacity under management across 19 sites.
In pre-market trading today, Hut 8 shares are changing hands at around $26. If the current decline extends, the price could slip below $24.74.
On the other hand, if demand builds, the stock could climb toward $27.40.
Disclaimer
In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
