News out, time to sell? 👻-To The Moon - Tiger Brokers Online Investing Community - To The Moon

Like
Comment
Favorite

3nn
11-12

News out, time to sell? 👻

Crypto Stocks Sink as Bitcoin Drops Below $88,000

Bitcoin topped $90,000 on Tuesday, riding a wave of euphoria since the election of Donald Trump as U.S. president on expectations his administration will be crypto friendly.Crypto stocks gained in pre

Crypto Stocks Sink as Bitcoin Drops Below $88,000

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.

Like

Report

Comment

Top
Latest

empty

No comments yet

Most Discussed

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"magic":2,"id":370174144991400,"tweetId":"370174144991400","gmtCreate":1731402767423,"gmtModify":1731402771718,"author":{"id":3573976216768090,"idStr":"3573976216768090","authorId":3573976216768090,"authorIdStr":"3573976216768090","name":"3nn","avatar":"https://static.tigerbbs.com/303b8f037330070d95adf2f11d86d23a","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":5,"crmLevelSwitch":0,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-2","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"Executive Tiger","description":"The transaction amount of the securities account reaches $300,000","bigImgUrl":"https://static.tigerbbs.com/9d20b23f1b6335407f882bc5c2ad12c0","smallImgUrl":"https://static.tigerbbs.com/ada3b4533518ace8404a3f6dd192bd29","grayImgUrl":"https://static.tigerbbs.com/177f283ba21d1c077054dac07f88f3bd","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"80.77%","individualDisplayEnabled":0},"individualDisplayBadges":[],"fanSize":93,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"html":"<html><head></head><body><p>News out, time to sell? 👻</p></body></html>","htmlText":"<html><head></head><body><p>News out, time to sell? 👻</p></body></html>","text":"News out, time to sell? 👻","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/370174144991400","repostId":1146266179,"repostType":2,"repost":{"id":"1146266179","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1731406973,"share":"https://www.laohu8.com/m/news/1146266179?lang=&edition=full","pubTime":"2024-11-12 18:22","market":"us","language":"en","title":"Crypto Stocks Sink as Bitcoin Drops Below $88,000","url":"https://stock-news.laohu8.com/highlight/detail?id=1146266179","media":"Tiger Newspress","summary":"Bitcoin topped $90,000 on Tuesday, riding a wave of euphoria since the election of Donald Trump as U.S. president on expectations his administration will be crypto friendly.Crypto stocks gained in pre","content":"<html><head></head><body><p>Bitcoin dropped below $88,000 on Tuesday, surrendering part of rally. The token previously briefly surpassed $90,000.</p><p>Crypto stocks turned negative in premarket trading on Tuesday. Canaan fell 5%; CleanSpark and Marathon Digital fell 4%; Riot Platforms fell 3%; Coinbase and Bitfarms fell 2%; MicroStrategy fell 1%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/735b53b7d0bedda9ce1428aacd8dfc47\" title=\"\" tg-width=\"370\" tg-height=\"538\"/></p><p>&#34;Obviously (it&#39;s) a clear Trump trade as he is so supportive of the industry, and this can only mean more demand both for crypto stocks as well as the currencies themselves,&#34; said Nick Twidale, chief market analyst at ATFX Global in Sydney.</p><p>&#34;The fact that bitcoin was trading near all-time highs when the election result came through meant that it had clean sky above.&#34;</p><p>Trump embraced digital assets during his campaign, promising to make the United States the &#34;crypto capital of the planet&#34; and to accumulate a national stockpile of bitcoin.</p><p>It is not clear how or when that could happen but the possibility drove a speculative surge in crypto mining and trading stocks.</p><p>&#34;I think it increases the chances that other nation states buy bitcoin in a bid to front run the U.S.,&#34; said Matthew Dibb, chief investment officer at cryptocurrency asset manager Astronaut Capital.</p><p>&#34;Additionally I think it would be a crazy catalyst for the U.S. listed Bitcoin miners ... given possibilities of such entities getting nationalised.&#34;</p><p>Crypto investors see an end to increased scrutiny under U.S. Securities and Exchange Commission Chair Gary Gensler whom Trump has said he will replace. Trump also unveiled a new crypto business, World Liberty Financial, in September.</p><p>&#34;What we&#39;re seeing isn&#39;t just a price milestone; it&#39;s a signal that the market is warming to the idea of bitcoin as a more stable, even politically favoured, asset,&#34; said Justin D&#39;Anethan, head of Asia-Pacific business development at digital assets market maker Keyrock.</p></body></html>","collect":0,"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>Crypto Stocks Sink as Bitcoin Drops Below $88,000</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\">\nCrypto Stocks Sink as Bitcoin Drops Below $88,000\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2024-11-12 18:22</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Bitcoin dropped below $88,000 on Tuesday, surrendering part of rally. The token previously briefly surpassed $90,000.</p><p>Crypto stocks turned negative in premarket trading on Tuesday. Canaan fell 5%; CleanSpark and Marathon Digital fell 4%; Riot Platforms fell 3%; Coinbase and Bitfarms fell 2%; MicroStrategy fell 1%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/735b53b7d0bedda9ce1428aacd8dfc47\" title=\"\" tg-width=\"370\" tg-height=\"538\"/></p><p>&#34;Obviously (it&#39;s) a clear Trump trade as he is so supportive of the industry, and this can only mean more demand both for crypto stocks as well as the currencies themselves,&#34; said Nick Twidale, chief market analyst at ATFX Global in Sydney.</p><p>&#34;The fact that bitcoin was trading near all-time highs when the election result came through meant that it had clean sky above.&#34;</p><p>Trump embraced digital assets during his campaign, promising to make the United States the &#34;crypto capital of the planet&#34; and to accumulate a national stockpile of bitcoin.</p><p>It is not clear how or when that could happen but the possibility drove a speculative surge in crypto mining and trading stocks.</p><p>&#34;I think it increases the chances that other nation states buy bitcoin in a bid to front run the U.S.,&#34; said Matthew Dibb, chief investment officer at cryptocurrency asset manager Astronaut Capital.</p><p>&#34;Additionally I think it would be a crazy catalyst for the U.S. listed Bitcoin miners ... given possibilities of such entities getting nationalised.&#34;</p><p>Crypto investors see an end to increased scrutiny under U.S. Securities and Exchange Commission Chair Gary Gensler whom Trump has said he will replace. Trump also unveiled a new crypto business, World Liberty Financial, in September.</p><p>&#34;What we&#39;re seeing isn&#39;t just a price milestone; it&#39;s a signal that the market is warming to the idea of bitcoin as a more stable, even politically favoured, asset,&#34; said Justin D&#39;Anethan, head of Asia-Pacific business development at digital assets market maker Keyrock.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BTBT":"Bit Digital, Inc.","MARA":"Marathon Digital Holdings Inc","COIN":"Coinbase Global, Inc.","BITF":"Bitfarms Ltd.","RIOT":"Riot Platforms","CLSK":"CleanSpark, Inc.","MSTR":"MicroStrategy"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146266179","content_text":"Bitcoin dropped below $88,000 on Tuesday, surrendering part of rally. The token previously briefly surpassed $90,000.Crypto stocks turned negative in premarket trading on Tuesday. Canaan fell 5%; CleanSpark and Marathon Digital fell 4%; Riot Platforms fell 3%; Coinbase and Bitfarms fell 2%; MicroStrategy fell 1%.\"Obviously (it's) a clear Trump trade as he is so supportive of the industry, and this can only mean more demand both for crypto stocks as well as the currencies themselves,\" said Nick Twidale, chief market analyst at ATFX Global in Sydney.\"The fact that bitcoin was trading near all-time highs when the election result came through meant that it had clean sky above.\"Trump embraced digital assets during his campaign, promising to make the United States the \"crypto capital of the planet\" and to accumulate a national stockpile of bitcoin.It is not clear how or when that could happen but the possibility drove a speculative surge in crypto mining and trading stocks.\"I think it increases the chances that other nation states buy bitcoin in a bid to front run the U.S.,\" said Matthew Dibb, chief investment officer at cryptocurrency asset manager Astronaut Capital.\"Additionally I think it would be a crazy catalyst for the U.S. listed Bitcoin miners ... given possibilities of such entities getting nationalised.\"Crypto investors see an end to increased scrutiny under U.S. Securities and Exchange Commission Chair Gary Gensler whom Trump has said he will replace. Trump also unveiled a new crypto business, World Liberty Financial, in September.\"What we're seeing isn't just a price milestone; it's a signal that the market is warming to the idea of bitcoin as a more stable, even politically favoured, asset,\" said Justin D'Anethan, head of Asia-Pacific business development at digital assets market maker Keyrock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":11,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":21,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}