Bitcoin Trades Above $90,000 for First Time -- WSJ

Dow Jones2024-11-13

By Vicky Ge Huang

Bitcoin climbed above $90,000 to notch another record, building on a hot streak of gains that has seen the token surge nearly 30% since Election Day.

The largest cryptocurrency by market value recently traded at $90,776, according to CoinDesk data.

It stood at $89,525 as of 4 p.m. ET Tuesday, a fresh end-of-day record, according to Dow Jones Market Data.

Investors are betting on a wave of deregulation and crypto-friendly policies after Donald Trump reclaimed the White House last week. Dozens of Congressional candidates supported by crypto super PACs have won their races, further fueling bitcoin's momentum.

Crypto-related stocks and other tokens have been along for the ride. Shares of Coinbase Global, which is locked in a legal battle with the Securities and Exchange Commission, have surged this week. They rose more than 2% on Wednesday morning.

MicroStrategy, a software-intelligence firm that has transformed itself into a bitcoin-buying entity, has also rocketed higher. The company, led by bitcoin advocate Michael Saylor, now holds about 279,420 bitcoins, worth about $25 billion.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

November 13, 2024 09:38 ET (14:38 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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/2483881326?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-13 22:38","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2483881326","market":"sh","top_or_hot":-1,"title":"Bitcoin Trades Above $90,000 for First Time -- WSJ","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n       By Vicky Ge Huang \n</p>\n<p>\n     Bitcoin climbed above $90,000 to notch another record, building on a hot streak of gains that has seen the token surge nearly 30% since Election Day. \n</p>\n<p>\n     The largest cryptocurrency by market value recently traded at $90,776, according to CoinDesk data. \n</p>\n<p>\n     It stood at $89,525 as of 4 p.m. ET Tuesday, a fresh end-of-day record, according to Dow Jones Market Data. \n</p>\n<p>\n     Investors are betting on a wave of deregulation and crypto-friendly policies after Donald Trump reclaimed the White House last week. Dozens of Congressional candidates supported by crypto super PACs have won their races, further fueling bitcoin's momentum. \n</p>\n<p>\n     Crypto-related stocks and other tokens have been along for the ride. Shares of Coinbase Global, which is locked in a legal battle with the Securities and Exchange Commission, have surged this week. They rose more than 2% on Wednesday morning. \n</p>\n<p>\n     MicroStrategy, a software-intelligence firm that has transformed itself into a bitcoin-buying entity, has also rocketed higher. The company, led by bitcoin advocate Michael Saylor, now holds about 279,420 bitcoins, worth about $25 billion. \n</p>\n<p>\n       This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage). \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 13, 2024 09:38 ET (14:38 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"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>Bitcoin Trades Above $90,000 for First Time -- WSJ</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\">\nBitcoin Trades Above $90,000 for First Time -- WSJ\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-13 22:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>By Vicky Ge Huang \n\n\n     Bitcoin climbed above $90,000 to notch another record, building on a hot streak of gains that has seen the token surge nearly 30% since Election Day. \n\n\n     The largest ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">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":"BK4596","symbol_name":"哈里斯概念","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2483881326","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2483881326","pubTimestamp":1731508680,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Bitcoin climbed above $90,000 to notch another record, building on a hot streak of gains that has seen the token surge nearly 30% since Election Day.The largest cryptocurrency by market value recently traded at $90,776, according to CoinDesk data.It stood at $89,525 as of 4 p.m. ET Tuesday, a fresh end-of-day record, according to Dow Jones Market Data.Investors are betting on a wave of deregulation and crypto-friendly policies after Donald Trump reclaimed the White House last week. Dozens of Congressional candidates supported by crypto super PACs have won their races, further fueling bitcoin's momentum.Crypto-related stocks and other tokens have been along for the ride. Shares of Coinbase Global, which is locked in a legal battle with the Securities and Exchange Commission, have surged this week. They rose more than 2% on Wednesday morning.MicroStrategy, a software-intelligence firm that has transformed itself into a bitcoin-buying entity, has also rocketed higher. The company, led by ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"83042":"华夏比特币-R","BK4596":"哈里斯概念","09008":"博时HashKey比特币ETF-U","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","BK4112":"金融交易所和数据","BK4539":"次新股","BK4516":"特朗普概念","03008":"博时HashKey比特币ETF","BK4023":"应用软件","BK4554":"元宇宙及AR概念","03439":"嘉实比特币","BK4585":"ETF&股票定投概念","09042":"华夏比特币-U","BK4594":"比特币ETF概念","MSTR":"MicroStrategy","BK4595":"比特币概念","03042":"华夏比特币","COIN":"Coinbase Global, Inc.","BK4535":"淡马锡持仓","LU1861558580.USD":"日兴方舟颠覆性创新基金B","BK4588":"碎股","BK4551":"寇图资本持仓","09439":"嘉实比特币-U"},"translate_title":"比特币股价首次突破90,000美元——《华尔街日报》","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"83042":0.6,"03042":1,"03439":1,"09008":1,"09042":1,"09439":1,"03008":1,"MSTR":0.9,"COIN":0.9},"content_text":"By Vicky Ge Huang \n\n\n     Bitcoin climbed above $90,000 to notch another record, building on a hot streak of gains that has seen the token surge nearly 30% since Election Day. \n\n\n     The largest cryptocurrency by market value recently traded at $90,776, according to CoinDesk data. \n\n\n     It stood at $89,525 as of 4 p.m. ET Tuesday, a fresh end-of-day record, according to Dow Jones Market Data. \n\n\n     Investors are betting on a wave of deregulation and crypto-friendly policies after Donald Trump reclaimed the White House last week. Dozens of Congressional candidates supported by crypto super PACs have won their races, further fueling bitcoin's momentum. \n\n\n     Crypto-related stocks and other tokens have been along for the ride. Shares of Coinbase Global, which is locked in a legal battle with the Securities and Exchange Commission, have surged this week. They rose more than 2% on Wednesday morning. \n\n\n     MicroStrategy, a software-intelligence firm that has transformed itself into a bitcoin-buying entity, has also rocketed higher. The company, led by bitcoin advocate Michael Saylor, now holds about 279,420 bitcoins, worth about $25 billion. \n\n\n       This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage). \n\n\n  (END) Dow Jones Newswires\n\n\n  November 13, 2024 09:38 ET (14:38 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","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":"4.29.4","shortVersion":"4.29.4","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/2483881326"}