Witness history! Bitcoin breaks through $89,000, cryptos concept stocks soar across the board.
Digital currencies started to surge fiercely over the weekend and continued to accelerate on Monday. The top digital currencies by market cap all skyrocketed. Ethereum and Solana both saw a cumulative increase of about 40% in the past 7 days, higher than Bitcoin's 31%. Dogecoin, supported by Musk, doubled in value over the week. Major Bitcoin holder MicroStrategy stated that it spent approximately $2.03 billion to buy around 0.0272 million bitcoins, marking the largest purchase since December 2020. Blackrock's Bitcoin ETF IBIT has an asset under management exceeding one of the largest gold ETFs, IAU.
Bitcoin staged a 'Trump trade'! Hong Kong stocks crypto currency ETF full screen surge, rose more than 36% on the 5th day.
1. Bitcoin has become the biggest beneficiary of the 'Trump trade', soaring to nearly $0.082 million; 2. Hong Kong stock virtual currency ETF surged in response, with a single-day peak increase exceeding 8%; 3. Analysts unanimously bullish, shouting out: to $0.15 million by the end of the year!
U.S. Stocks Digging | Bitcoin concept stocks soar together! MSTR has quadrupled this year, and Coinbase surged 20% overnight; software stocks are hot! Big data leader palantir's annual increase exceeds 250%.
Pharmaceutical giant bristol-myers squibb hit a new high within the year! Due to competitors' research 'Waterloo', it surged more than 10% last night.
Crazy cryptocurrency market! Analysts are betting that bitcoin will not experience a significant pullback until it reaches $150,000.
①Bitcoin's price has surged nearly 30% in the past seven days, breaking through $89,000 in the past 24 hours; ②Analysts predict that Bitcoin's price will continue to rise due to positive political momentum, social media hype, continued interest rate cuts, and the prospect of becoming a strategic reserve asset for the United States.
Express News | Cryptocurrency concept stocks fell sharply in pre-market trading, Canaan dropped more than 5%, MARA Holdings fell over 4%, Coinbase fell more than 2%, riot platforms fell over 3%, microstrategy fell nearly 2%.
Bitcoin Price Nears $90,000 After Trump Win. Crypto Dogecoin Gains Are Bigger. -- Barrons.com