• Like
  • Comment
  • Favorite

Stock Track | Bitcoin Smashes Records as Trump's Crypto Embrace Fuels Rally

Stock Track11-12

Bitcoin soared to new heights on Monday, with the cryptocurrency surging nearly 15% to shatter its all-time high and briefly breach the $89,000 mark. This historic rally was fueled by renewed optimism surrounding the digital asset following Donald Trump's stunning victory in the U.S. presidential election.

The rally gained momentum after Trump made pro-crypto comments on the campaign trail, vowing to make the United States the "crypto capital of the planet" and establish a national bitcoin reserve. His promises of a friendlier regulatory environment for cryptocurrencies resonated with investors, sparking a buying frenzy that propelled bitcoin to unprecedented levels.

Beyond bitcoin, the broader crypto market also surged, with ethereum and other major digital currencies posting substantial gains. Crypto-related stocks such as Coinbase and MicroStrategy soared as well, reflecting the growing enthusiasm for the industry under a Trump administration expected to embrace innovation in the sector.

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.

Report

Comment

empty
No comments yet
 
 
 
 

Most Discussed

 
 
 
 
 

7x24

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email:uservice@ttm.financial