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Stock impact report

Bitcoin Hits All-Time High of $94,000 as Post-Election Rally Continues [Yahoo! Finance]

Trump Media & Technology Group Corp. (DJT) 
Company Research Source: Yahoo! Finance
The cryptocurrency has surged in the two weeks since Donald Trump's victory in the presidential election. Options trading on Blackrock's iShares Bitcoin Trust began Tuesday, according to reports. The price of Bitcoin hit a record high on Tuesday afternoon, continuing its dramatic ascent in the two weeks since Donald Trump's victory in the presidential election. The cryptocurrency moved as high as $94,000 in afternoon trading, according to the crypto tracker CoinMarketCap. Bitcoin hit a previous record of over $93,000 last week and has teetered around the $90,000 level in recent days. The historically volatile asset has exploded since Trump's election, jumping nearly 35% from about $70,000 at 9 p.m. ET on the night of the election. Investors are optimistic that the president-elect's support of cryptocurrencies, as well as backing from a crypto-friendly Congress, will lead to policies that benefit the asset class. The fresh record comes after a Financial Times report Monday t Show less Read more
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