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Trump win drives Bitcoin to record highs as crypto stocks soar across the board

Trump win drives Bitcoin to record highs as crypto stocks soar across the board

Bitget2024/11/06 22:46

Trump's victory in the 2024 presidential election pushed bitcoin to break through new highs at around $76,000, while U.S. equities closed broadly higher on Wednesday. shares of Coinbase jumped 31 per cent, while shares of a number of bitcoin miners, including Cipher Mining and Riot Platforms, rose more than 20 per cent. overnight trading volume on the Robinhood platform was at a record high, with the top three The top traded stocks were Coinbase, MicroStrategy and IBIT. In addition, BlackRock's IBIT Bitcoin ETF sparked market interest by reaching $1 billion in volume early in regular trading.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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