Coinbase, MicroStrategy, other crypto stocks soar after Trump election win
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The crypto community is celebrating President-elect Donald Trump’s election victory, and so are crypto stocks. Bitcoin reached an all-time high Tuesday night, crossing the $75,000 mark, and companies tied to the crypto, such as Coinbase, MicroStrategy, Marathon Digital, Riot Platforms, and Tesla, saw significant gains on Wednesday.
This year, individuals and groups linked to crypto companies donated millions to Trump’s campaign, hoping that his presidency will bolster the fortunes of the crypto market. With his win, these companies are now cheering as their stock prices soar.
Coinbase soars 26% following Trump’s victory
Coinbase (COIN+28.70%) stock was…
