Top 6 Crypto Stocks to Watch as Bitcoin Nears Record $123,000: Investment Analysis August 2025

The cryptocurrency market is experiencing a powerful bull run, with Bitcoin trading at approximately $122,000 on August 11, 2025—just 1% shy of its all-time high of $123,091 reached on July 14, 2025. This surge has propelled the total crypto market capitalization to over $4.1 trillion and driven significant gains across publicly traded companies with crypto exposure. As Bitcoin approaches new records with expectations of reaching $148,000, crypto-related equities are demonstrating their role as amplified proxies for the digital asset's performance.