CandleFocus ? Bitcoin Climbs Above $84K, Adds Almost $20K in a Week
2024-11-11
Author: Content Editor
Bitcoin has climbed above $84,000, reaching new all-time highs after the U.S. election results. This rally comes as gold and tech stocks, including Apple, NVIDIA, Amazon, Microsoft, and META, are underperforming. The market believes that there is a rotation of investments from these assets into cryptocurrencies as investors await Donald Trump's entry into the White House, given his support for digital currencies. The iShares Bitcoin Trust ETF also saw significant trading volume, suggesting strong inflows into bitcoin this week.
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