Bitcoin Surges Above 70K Bolstering US Crypto Stocks

According to recent market data, on November 5th, when Bitcoin’s price exceeded $70,000 on election day, the U.S. stock encryption sector witnessed overall gains. Here are some of the key stock performances:

– MicroStrategy (MSTR) rose by 8%
– iBitX Technology (IBIT) increased by 4%
– Coinbase Globa

l (COIN) went up by 2.8%
– Riot Blockchain (RIOT) gained 4.9%
– Cleanspark (CLSK) gained 5.2%
– Bitfury (BITF) rose by 3.8%
– T-Rex 2x long MSTR ETF surged by 16%

This shows that the crypto sector is gaining momentum and that investors are becoming more confident in the future of digital currencies.

Source

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