Stocks, Dollar, Bitcoin Rise as Trump Wins Second Term

Nov 6, 2024 · Stocks, Dollar, Bitcoin Rise as Trump Wins Second Term Financials, energy and small cap stocks lead US equities higher with Republican candidate winning the presidency.

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US Stocks, Dollar, Bitcoin Rise As Trump Wins Second Term

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Nov 6, 2024 · Bitcoin surpassed $75,000, topping its previous all-time peak reached in March. Donald Trump has voiced his support of cryptocurrencies in the past. Other popular picks …

morningstar.ca

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US Shares, Bitcoin Hit Record High And Dollar Soars On Trump Win

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Nov 6, 2024 · The value of Bitcoin jumped by more than $6,600 (£5,120) to an all-time high of $75,999.04. Trump's stance on crypto stands in stark contrast with that of the Biden …

bbc.com

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From Tesla To Prison Companies: These Stocks Are Soaring Off The …

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Nov 6, 2024 · His Tuesday win brought bitcoin to a new record high level of over $76,000 and caused crypto-associated stocks to jump. Among the biggest gainers Wednesday was crypto …

cnn.com

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US Election 2024: Trump's Triumph Lifts Bitcoin To Record

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Nov 6, 2024 · Shares of cryptocurrency-related companies saw a significant pre-market surge on Wednesday as Bitcoin briefly hit an all-time high of $75,000.The rally followed news of …

stocktwits.com

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US Stock Futures, Dollar And Bitcoin Surge As Trump Wins Race To …

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Nov 6, 2024 · The crypto currency climbed to a record high of $75,397 and was last up 7% on the day. Trump is seen as more actively supportive of cryptocurrencies than Harris. The dollar …

kitco.com

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Bitcoin Hits New All-Time High As Donald Trump Wins Second …

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Nov 6, 2024 · Bitcoin BTC/USD surged to a new record high, touching $75,358 during early Wednesday trading in Europe and surpassing its previous peak of $73,737 from Mar. 14, as …

benzinga.com

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#MicroStrategy Hits 446,400 BTC Despite Stock Slump

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MicroStrategy now holds 446,400 BTC worth $42B, doubling down on its Bitcoin strategy even as MSTR stock drops 36% from its all-time high. Will Saylor’s bold...

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FAQs about Stocks, Dollar, Bitcoin Rise as Trump Wins Second Term Coupon?

Why did Bitcoin prices rise after Trump's election?

The prices of Bitcoin and cryptocurrency-related stocks soared after the election of a president who promised to turn the United States into "the crypto capital of the planet." (The crypto industry had poured money into the 2024 elections, including Trump's campaign. ...

Will bitcoin surge after Trump's Victory?

One asset that analysts expect to surge in the wake of Trump's victory is bitcoin, which rallied sharply early on Wednesday morning. "Bitcoin is the one asset that was always going to soar if Trump returned to the White House," wrote Russ Mould, investment director at online trading platform AJ Bell. ...

How did bitcoin's win affect crypto stocks?

His Tuesday win brought bitcoin to a new record high level of over $76,000 and caused crypto-associated stocks to jump. Among the biggest gainers Wednesday was crypto exchange Coinbase (COIN), whose shares leapt by 31%. Wednesday wasn’t all good news for stocks, though. ...

Why did bitcoin hit an all-time high?

Bitcoin also hit an all-time high, following Trump's election promise to prioritise the volatile crypto currency. Investors were, however, betting that Trump's plan to cut taxes and raise tariffs will push up inflation and reduce the pace of interest rate cuts. ...

What happened to stocks after Trump won the presidential election?

Stocks and cryptocurrencies surged after former President Trump won the presidential election. Pictured are traders working on the New York Stock Exchange in New York on Oct. 22. Spencer Platt/Getty Images Wall Street investors are cheering former President Trump's return to the White House. ...

How will Donald Trump's second term affect cryptocurrencies?

Donald Trump's victory is set to herald a new era of higher inflation, tighter monetary policy, and surging cryptocurrencies, analysts said in initial reactions to the presidential election result. The economic impact of Trump's second term is likely to be volatile, said Lindsay James, investment strategist at UK-based Quilter Investments. ...