Connect with us

Hi, what are you looking for?

Business

‘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

    World

    Russian President Vladimir Putin has said that the United States’ and Germany’s decision to deploy US long-range missiles in Germany from 2026 is “reminiscent...

    World

    South Africa’s former President Jacob Zuma has been expelled from the African National Congress (ANC), the party he once led. “Former President Jacob Zuma...

    World

    At least eight people were stabbed in the northern English town of Southport on Monday, with some of the victims being transferred to a...

    World

    According to a statement from the Haitian National Police and the Multinational Security Support (MSS), a Kenyan-led security force, those final shots were troops...

    Disclaimer: earningsly.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 earningsly.com | All Rights Reserved