Reported 13 days ago
Bitcoin reached a new record high of nearly $87,000, boosting stocks related to cryptocurrencies and the post-election Trump rally. Companies like Coinbase and Robinhood saw significant stock price increases, while the overall market surged due to expectations of favorable crypto policies under President-elect Trump. Stocks of firms holding bitcoin, including MicroStrategy and Tesla, also experienced notable gains, reflecting the shifting landscape in the trading market.
Source: YAHOO