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.
Futu Morning Post | "Trump trade" continues to rise! Cryptos soar with Tesla; only four seats away from taking control of the House of Representatives, Republicans close to full control of Congress.
The People's Bank of China reported that RMB loans increased by 16.52 trillion yuan in the first ten months; Pan Gongsheng, the head of the central bank, stated that they are guiding financial capital to invest early, invest small, invest long-term, and invest in hard technology.
How High Can Bitcoin Go? Prediction Markets Suggest $100K
Express News | Trump is looking for candidates to support cryptos for financial institutions.
Bitcoin skyrocketed to over 88,000 dollars, with traders betting it will break 100,000 dollars before the end of the year.
Bitcoin hits a new high in the "undeniable bull market", it is reported that Trump is preparing to have the US government take a more lenient stance on cryptos, he is looking for key candidates friendly to the crypto industry.
Bit Digital, Inc. Announces Date for Third Quarter 2024 Financial Results and Conference Call