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U.S. stocks are moving differently | Crypto Concept stocks are strengthening as Bitcoin rises back above $100,000.
On December 11, Gelonghui reported that MARA Holdings and Riot Platforms rose over 7%, Bit Digital and MicroStrategy increased more than 6%, while Canaan and Coinbase saw gains of over 5%. In terms of news, Bitcoin strengthened again today, rising 4.5% within the day to regain the level of 0.1 million dollars, while Ethereum broke through 3800 dollars. Eric Trump, the son of the elected president of the USA, Donald Trump, stated on Tuesday that after his father takes office, his administration will be the most crypto-friendly in USA history.
U.S. stock market early session | The Nasdaq rises over 1% to reach a new high! Google rises over 4%, Meta and Netflix rise over 1%, and the three technology stocks jointly create historical new highs during trading.
On the evening of November 11, Beijing time, US stocks opened higher on Wednesday. The US CPI for November rose by 2.7% month-on-month, in line with market expectations. Analysts believe that this data reinforces the expectation of a 25 basis point rate cut by the Federal Reserve next week.
Eric Trump, the second son of Trump: The USA is about to welcome the most crypto-friendly government in history!
① Eric, the second son of Trump, the elected president of the USA, stated that the Trump administration will become the most friendly government towards Cryptos in USA history. ② Eric mentioned at the Bitcoin Middle East and North Africa conference that Trump will promote USA's leadership in the "digital revolution" and promised not to impose excessive regulation on Cryptos.
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