Reported 13 days ago
Bitcoin reached a new record high of nearly $87,000, fueling gains in crypto-related stocks like Coinbase and Robinhood, which both saw significant increases. The rise coincides with the post-election rally linked to Donald Trump's presidency, as crypto markets expect favorable policies from him. Companies like MicroStrategy, which holds a large bitcoin balance, also enjoyed substantial gains, alongside Tesla, which has surged after Trump's election victory.
Source: YAHOO