Crypto stocks and Bitcoin rally after Trump’s victory; Details here…
- U.S. elections triggered a strong market rally, with crypto stocks like Coinbase surging.
- Bitcoin reached new highs, while traditional and tech markets, including Tesla and the S&P 500, saw significant gains.
The recent U.S. presidential election win by Donald Trump has sent shockwaves through the financial markets, sparking a significant rally across various sectors, including crypto stocks.
On the 7th of November, the S&P 500 surged by 2.5%, marking its best day in nearly two years. Major players in the tech and crypto sectors experienced notable gains.
Investors responded enthusiastically to Trump’s pro-business stance and his promise to make the U.S. the “crypto capital of the planet.”
His administration plans to…