The price of $Bitcoin(BTC.USD.CC)$ soared to a new all-time high before the election results were finalized. Data from CoinGlass indicates that Bitcoin's value climbed to the significant milestone of $75,000 on Wednesday, marking an increase of over 10%. This surpasses the previous peak of $73,797.68 set on March 14. [Cool]
Not just Bitcoin, but also DOGE, a favorite of Musk's, has experienced a substantial surge. The individual renowned for his expertise in rockets has once again made a wise investment choice.
Cryptocurrency-related stocks have also shown varied movements. US-based cryptocurrency concept stocks continued their sharp upward trajectory on Wednesday.
By the end of trading on Wednesday, the market saw significant shifts:
$Coinbase Global, Inc.(COIN)$ +31%
$Riot Platforms(RIOT)$ +26.26%
$Marathon Digital Holdings Inc(MARA)$ +18.97%
$CleanSpark, Inc.(CLSK)$ +23.01%
$MicroStrategy(MSTR)$ +13.17%
$Iris Energy Ltd(IREN)$ +23.49%
$TeraWulf Inc.(WULF)$ +23.51%
$Hut 8 Mining Corp(HUT)$ +11.05%
$GraniteShares 2x Long COIN Daily ETF(CONL)$ also surged 61.54%; $T-Rex 2X Long MSTR Daily Target ETF(MSTU)$ rose 25.61%; $2X BITCOIN STRATEGY ETF(BITX)$ rose 19.5%.
Donald Trump becomes US president? Bitcoin reaches new all-time high! | Blocktrainer - Bitcoin Education & News
Bitcoin's record high also represents the arrival of Trump Trade 3.0.
It is foreseeable that Trump is the first cryptocurrency president in American history. He has also shown goodwill to the cryptocurrency field many times before. He also promised that if he returns to the White House, he will do something for the cryptocurrency industry. This is seen by the market and investors as an important signal that is good for the cryptocurrency market. [YoYo]
Make America the Cryptocurrency Capital of the World
Fire SEC Chairman Gensler
Establish a Strategic Bitcoin Reserve
Prevent the U.S. from Selling its Bitcoin Holdings
Stop the U.S. Government from Further Developing CBDC
Propose Comprehensive Cryptocurrency Policies
Cease Attacks on Cryptocurrencies within One Hour of Taking Office
End Illegal Crackdowns on the Cryptocurrency Industry in the U.S.
Suggest Solving U.S. Debt Problems with Cryptocurrencies
Reduce the Sentence of Silk Road Founder Ross Ulbricht
Some analysts believe that the cryptocurrency market experienced low volatility before the election because the industry hopes for clearer and looser regulatory conditions in the future. Bitcoin halving and the Fed's interest rate cut expectations have driven the trend of Bitcoin and other cryptocurrencies.
Relevant stocks and ETFs are reminded again:
The top 10 companies holding the most Bitcoin: $MicroStrategy(MSTR)$ $Marathon Digital Holdings Inc(MARA)$ $Tesla Motors(TSLA)$ $Hut 8 Mining Corp(HUT)$ $Coinbase Global, Inc.(COIN)$
$Galaxy Digital Holdings Ltd.(BRPHF)$ $Block(SQ)$ $Riot Platforms(RIOT)$ $Bitcoin Group SE(BTGGF)$ $CleanSpark, Inc.(CLSK)$ and $MicroStrategy(MSTR)$ worth look at.
🌟🚀Related bitcoin assets: $Coinbase Global, Inc.(COIN)$ $Marathon Digital Holdings Inc(MARA)$ $Block(SQ)$ $Hut 8 Mining Corp(HUT)$ $MicroStrategy(MSTR)$ $CME Bitcoin - main 2405(BTCmain)$ $Invesco Galaxy Bitcoin ETF(BTCO)$ $BIT Mining(BTCM)$ $WisdomTree Bitcoin Fund(BTCW)$ $Grayscale Bitcoin Trust(GBTC)$ $Fidelity Wise Origin Bitcoin Fund(FBTC)$ $iShares Bitcoin Trust(IBIT)$ $ARK 21Shares Bitcoin ETF(ARKB)$
Who is the leader here? How would you plan the cryptocurrency industry and Trum Trade? [Eye]
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