{"id":18375,"date":"2024-11-06T18:09:00","date_gmt":"2024-11-06T16:09:00","guid":{"rendered":"https:\/\/forklog.com\/en\/trumps-victory-spurs-over-10-surge-in-cryptocurrency-company-stocks\/"},"modified":"2024-11-06T18:09:00","modified_gmt":"2024-11-06T16:09:00","slug":"trumps-victory-spurs-over-10-surge-in-cryptocurrency-company-stocks","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/trumps-victory-spurs-over-10-surge-in-cryptocurrency-company-stocks\/","title":{"rendered":"Trump&#8217;s Victory Spurs Over 10% Surge in Cryptocurrency Company Stocks"},"content":{"rendered":"<p>The market capitalisation of companies linked to the digital asset industry rose by more than 10% in pre-market trading following Bitcoin&#8217;s ascent to a new <span data-descr=\"all-time high\" class=\"old_tooltip\">ATH<\/span> above $75,000. The catalyst was Donald Trump&#8217;s victory in the US presidential election.<\/p>\n<p>At the time of writing, shares of MicroStrategy had increased<a href=\"https:\/\/www.cnbc.com\/quotes\/MSTR?qsearchterm=MSTR\"> by 13.1%<\/a>, while Coinbase saw a rise of<a href=\"https:\/\/www.cnbc.com\/quotes\/COIN?qsearchterm=coinbase\"> 19.1%<\/a>.<\/p>\n<p>Mining companies are also strengthening their positions:<\/p>\n<ul class=\"wp-block-list\">\n<li>Marathon Digital Holdings \u2014<a href=\"https:\/\/www.cnbc.com\/quotes\/MARA\"> 11%<\/a>;<\/li>\n<li>Riot Platforms \u2014<a href=\"https:\/\/www.cnbc.com\/quotes\/RIOT\"> 11.7%<\/a>;<\/li>\n<li>IREN \u2014<a href=\"https:\/\/www.cnbc.com\/quotes\/IREN?qsearchterm=IREN\"> 13.6%<\/a>.<\/li>\n<\/ul>\n<p>Elon Musk&#8217;s Tesla shares are also outperforming the market, with a price increase<a href=\"https:\/\/www.cnbc.com\/quotes\/TSLA\"> reaching 14.4%<\/a>.<\/p>\n<p>Earlier, it was reported about the beneficiaries of Trump&#8217;s victory among Polymarket traders.<\/p>\n<p>ForkLog previously gathered opinions from crypto industry participants regarding the prospects of the digital asset market following the US presidential election.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The market capitalisation of companies linked to the digital asset industry rose by more than 10% in pre-market trading following Bitcoin&#8217;s ascent to a new ATH above $75,000. The catalyst was Donald Trump&#8217;s victory in the US presidential election. At the time of writing, shares of MicroStrategy had increased by 13.1%, while Coinbase saw a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":18374,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[991,1145,1211],"class_list":["post-18375","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-donald-trump","tag-market-analysis","tag-stock-market"],"aioseo_notices":[],"amp_enabled":true,"views":"14","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/18375","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=18375"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/18375\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/18374"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=18375"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=18375"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=18375"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}