Reported 13 days ago
Bitcoin soared to a record high of $84,400 following Donald Trump's election victory, contributing to a stock market rally. The Dow Jones increased over 300 points, while stocks related to cryptocurrencies, like Coinbase and MicroStrategy, saw significant gains. Tesla's shares also surged amid optimism about Trump's administration favoring electric vehicle manufacturers. Cigna's stock rose after it abandoned plans to merge with Humana, which faced a decline in its stock price. Overall, the market displayed mixed results, evidencing investor reactions to the political landscape.
Source: YAHOO