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MicroStrategy's Stock Could Do Something It Hasn't Done in 24 Years as Bitcoin Surges
Bitcoin Price Races Toward $100,000 Milestone.
US stocks in early trading: US stocks collectively lower, Nasdaq drops more than 1%, nvidia pre-performance falls more than 2%; cryptos concept stocks rise against the market, MSTR rises more than 7%, stock price hits a new high.
Investors are paying attention to the important financial report of technology giant nvidia, as well as the speeches of several Federal Reserve officials.
US stocks are volatile | Bitcoin breaks through $94,000 to hit a new high, with crypto concept stocks generally rising.
On November 20, Gelonghui reported that Bakkt Holdings rose by over 17%, MicroStrategy increased by nearly 10%, bit origin, ebang international, and cleanspark saw gains of over 5%, while Coinbase rose by over 3%. In terms of news, bitcoin broke through $94,000 per coin today, reaching a new high. An analyst from HashKey Group pointed out that once bitcoin stands at $0.09 million, there will still be room for further increases, and the promise that 'bitcoin will become a reserve asset for the USA' will be fulfilled. Once this move is implemented, it will open up new upward space for the market.
Bitcoin Surges Above $94,000 Amid Trump Media's Reported Talks to Acquire Bakkt
Bitcoin broke through $94,000 for the first time, good news beyond the 'Trump trade'.
① Bitcoin once surged to a historic high of over $94,000, as the cryptos market welcomed many bullish news this week; ② Since the USA election on November 5, the price of bitcoin has been on a steady rise, as traders believe the Trump administration will reduce regulatory restrictions; ③ This week, it was reported that the Trump Media Group plans to fully acquire the crypto trading platform Bakkt.
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