Connect with us

Hi, what are you looking for?

Investing

‘Trump trade’ returns for second week as bitcoin, Tesla, stocks surge

Cryptocurrencies and stocks, including Tesla, rallied Monday, picking up where they left off last week in the wake of the President-elect Donald Trump’s victory.

The price of bitcoin hit an all-time high of more than $88,000, a rally that started shortly after Trump was declared the winner of the election. That’s up from $68,000 — a gain of 27% — just since last Tuesday, Election Day in the U.S.

Year to date, the price of bitcoin has nearly doubled.

This post appeared first on NBC NEWS

You May Also Like

Investing

Warner Bros. Discovery said Thursday its streaming platform Max added 7.2 million global subscribers in the third quarter. It marked the biggest quarterly growth for...

Investing

In the days since President-elect Donald Trump won the presidential race, Nicole Bivens Collinson’s phone has barely stopped ringing. Collinson, who helps lead the international trade and...

Investing

Netflix’s cheaper, ad-supported tier has reached 70 million global monthly active users two years after it was launched. The company said Tuesday more than 50% of...

Investing

Elon Musk spent $44 billion to buy Twitter, now known as X, and at least $130 million to help get Donald Trump elected president. It’s a combination that’s paid off...

Disclaimer: Margininsiders.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2024 Margininsiders.com