Crypto

BTC Hit All-Time High as Trump Closed In on Victory

Investors saw a significant increase in crypto equities during pre-market trading, with MicroStrategy leading the charge by climbing more than 10%. The company’s stock rose by 12%, nearing $255 and coming close to a record high that would represent a nearly 280% increase year-to-date. Similarly, Coinbase experienced a 12% surge, edging closer to $220 per share.

Bitcoin miners Riot, Marathon, and IREN also saw gains of over 10%, reflecting the overall positive sentiment in the market. Metaplanet, another notable performer, soared by 24% and has now achieved an impressive 1,100% increase year-to-date.

These gains follow Semler Scientific’s 30% jump in share price yesterday, pushing the stock to $39. André Dragosch, head of research in Europe at Bitwise, believes that this initial reaction in the stock market underscores the optimism surrounding a more pro-crypto regulatory environment, potentially setting the stage for a new bull run.

Carmen Brooke Martin

Finance Analyst Hello, my name is Carmen Brooke Martin and I am an expert finance journalist with a master's degree from New York University in Business and Economics. I'm passionate about helping startups spread the word, discover and promote great projects in the crypto and fintech industry. What I am working on is to provide basic cryptocurrency education and benefits to the crypto community through video tutorials and written content. As a business developer, I help crypto projects structure and create a whitepaper that can stir investors' interest, advice on marketing strategies and promotions.

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