Tue, December 3, 2024
Mon, December 2, 2024

Bitcoin Spiked After Trump Election Win. These 4 Crypto Stocks Are Doing Even Better.

The article from MSN discusses the significant rise in Bitcoin's value following Donald Trump's election win, highlighting a similar trend observed after his 2016 victory. It points out that while Bitcoin has seen a notable increase, certain crypto-related stocks have performed even better. Specifically, the article mentions four companies: Coinbase Global, which has benefited from increased trading volumes; Marathon Digital Holdings, a Bitcoin mining company; Riot Platforms, another major player in Bitcoin mining; and MicroStrategy, known for its substantial Bitcoin holdings. These stocks have surged due to a combination of factors including the anticipation of a more crypto-friendly regulatory environment under Trump, increased institutional interest in cryptocurrencies, and the general market optimism following the election. The article suggests that investors are betting on these stocks as a way to gain exposure to the crypto market's growth potential.

Read the Full MSN Article at:
[ https://www.msn.com/en-in/money/savingandinvesting/bitcoin-spiked-after-trump-election-win-these-4-crypto-stocks-are-doing-even-better/ar-AA1vbckf ]