Stock Track | Bitcoin Tops $90,000 as Crypto Rally Boosts Stocks, but Coinbase Lags

Stock Track11-12

Bitcoin's record-breaking rally took the digital asset past $90,000 on Tuesday, lifting the overall value of the crypto market above its pandemic-era peak as traders bet on a boom under the incoming Trump administration.

Crypto stocks surged in premarket trading, riding the wave of euphoria since the election of Donald Trump as U.S. president on expectations his administration will be crypto-friendly. Bitfarms rose 13%, Bit Digital rose 12%, MicroStrategy rose 8%, Marathon Digital and Canaan rose 6%, while Riot Platforms gained 4.5%.

However, Coinbase Global, the largest U.S. crypto exchange, saw a more muted 5% gain in premarket trading, even as Bitcoin's rally fueled a speculative surge in crypto mining and trading stocks. The stock had earlier plunged 5.32% in pre-market trading, underperforming the broader crypto rally.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1147369212?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-12 18:06","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1147369212","market":"us","top_or_hot":-1,"title":"Stock Track | Bitcoin Tops $90,000 as Crypto Rally Boosts Stocks, but Coinbase Lags","media":"Stock Track","content":"<p>Bitcoin's record-breaking rally took the digital asset past $90,000 on Tuesday, lifting the overall value of the crypto market above its pandemic-era peak as traders bet on a boom under the incoming Trump administration.</p>\n\n<p>Crypto stocks surged in premarket trading, riding the wave of euphoria since the election of Donald Trump as U.S. president on expectations his administration will be crypto-friendly. Bitfarms rose 13%, Bit Digital rose 12%, MicroStrategy rose 8%, Marathon Digital and Canaan rose 6%, while Riot Platforms gained 4.5%.</p>\n\n<p>However, Coinbase Global, the largest U.S. crypto exchange, saw a more muted 5% gain in premarket trading, even as Bitcoin's rally fueled a speculative surge in crypto mining and trading stocks. The stock had earlier plunged 5.32% in pre-market trading, underperforming the broader crypto rally.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Bitcoin Tops $90,000 as Crypto Rally Boosts Stocks, but Coinbase Lags</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Bitcoin Tops $90,000 as Crypto Rally Boosts Stocks, but Coinbase Lags\n</h2>\n\n<h4 class=\"meta\">\n\n2024-11-12 18:06 北京时间&nbsp;&nbsp;&nbsp;<strong>Stock Track</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bitcoin's record-breaking rally took the digital asset past $90,000 on Tuesday, lifting the overall value of the crypto market above its pandemic-era peak as traders bet on a boom under the incoming ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"COIN","symbol_name":"Coinbase Global, Inc.","start_time":0,"source_url":"","article_id":"1147369212","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1147369212","pubTimestamp":1731406011,"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Bitcoin's record-breaking rally took the digital asset past $90,000 on Tuesday, lifting the overall value of the crypto market above its pandemic-era peak as traders bet on a boom under the incoming Trump administration.Crypto stocks surged in premarket trading, riding the wave of euphoria since the election of Donald Trump as U.S. president on expectations his administration will be crypto-friendly. Bitfarms rose 13%, Bit Digital rose 12%, MicroStrategy rose 8%, Marathon Digital and Canaan rose","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"COIN":"Coinbase Global, Inc."},"translate_title":"随着加密货币反弹提振股市，比特币股价突破90,000美元，但Coinbase落后","themeId":"a2ba17feb4e2a042166274db84050a73","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"COIN":1},"content_text":"Bitcoin's record-breaking rally took the digital asset past $90,000 on Tuesday, lifting the overall value of the crypto market above its pandemic-era peak as traders bet on a boom under the incoming Trump administration.\nCrypto stocks surged in premarket trading, riding the wave of euphoria since the election of Donald Trump as U.S. president on expectations his administration will be crypto-friendly. Bitfarms rose 13%, Bit Digital rose 12%, MicroStrategy rose 8%, Marathon Digital and Canaan rose 6%, while Riot Platforms gained 4.5%.\nHowever, Coinbase Global, the largest U.S. crypto exchange, saw a more muted 5% gain in premarket trading, even as Bitcoin's rally fueled a speculative surge in crypto mining and trading stocks. The stock had earlier plunged 5.32% in pre-market trading, underperforming the broader crypto rally.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1147369212"}