Bitcoin Soars to $87,000 Amid Resurgence in Crypto and Trump Stocks

Reported 29 days ago

Bitcoin (BTC-USD) hit a record high of nearly $87,000 on November 11, 2024, propelling stocks related to cryptocurrency and those influenced by a post-election rally for Donald Trump. Key players like Coinbase and Robinhood saw substantial increases in their stock prices, benefitting from the rising interest in crypto and anticipated changes in regulatory policies under Trump's administration, including the potential appointment of a crypto advisory council. Companies like MicroStrategy and Tesla also experienced significant stock gains as the Trump trade takes hold.

Source: YAHOO

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