Crypto Stocks Surge as Bitcoin Rallies Above $62K
Shares of Crypto-linked Stocks Are Trading Higher After the Fed's Wednesday Decision to Cut Rates by 50 Basis Points.
US stock market preview | All three major futures indexes rose, Nasdaq futures rose more than 2%; technology stocks and Chinese concept stocks rose collectively before the market, Alibaba rose more than 4%, Nvidia and Tesla rose more than 3%
Bitcoin surpassed $63,000 today, with pre-market gains in crypto-related stocks. MSTR and MARA rose over 5%; Tesla rose nearly 3% pre-market, with Robotaxi set to debut soon, and bullish views from Wall Street institutions.
The Federal Reserve's substantial interest rate cut, and bitcoin broke through $0.06 million2! Is there a chance for the next bull market in the cryptocurrency circle?
After experiencing a range-bound volatility from August to early September, with the landing of the Fed's interest rate cut, the panic sentiment in the cryptocurrency market has been eased, and the bulls have begun to dominate. Bitcoin has rebounded sharply from its low point of $52,550 earlier this month, with a range increase of nearly 20%.
Witness history! Trump pays for hamburgers and cola with bitcoin.
① As a result, Donald Trump became the first former president in US history to use bitcoin for payment; ② According to reports, on Wednesday, he treated guests to hamburgers and cola at a bar in downtown New York City, and promised to end the process of the US Federal Reserve's digital currency and dismiss the SEC Chairman.
Biggest Stock Movers Thursday: NIO, SCS, and More