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CryptoIntelligence 2024-11-07 08:22:00

US Crypto Stocks Rally as Bitcoin Sets New All-Time High

U.S. crypto stocks closed with major gains, many in double digits, following Donald Trump’s election victory and Bitcoin’s new all-time high. Coinbase Global Inc (COIN), a significant donor in the election, saw the largest surge on Nov. 6, ending up 31.11% at $254.3 and now up 62.1% year-to-date, according to Google Finance. Robinhood Markets Inc (HOOD) also soared, jumping 19.6%, while Bitcoin miner MARA Holdings Inc (MARA), formerly Marathon Digital, saw a similar increase. MicroStrategy Inc (MSTR), known for its BTC holdings, closed over 13% higher. Other U.S. Bitcoin miners also saw strong gains: Riot Platforms Inc (RIOT) rose 26%,

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