NASDAQ:CORZ - Nasdaq - US21874A1060 - Common Stock
Bitcoin and cryptocurrency miners are set for a major bull market after notching a record year for 2024, H.C. Wainwright writes.
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A rally across cryptocurrencies has made winners out of a handful of firms in the sector that followed MicroStrategy Inc.’s playbook of selling convertible bonds, thanks to President-elect Donald Trump choosing a crypto-friendly financier to head the top US financial regulator.
Bitcoin rebounded after Donald Trump nominates pro-crypto lawyer to lead the SEC, Fed Chair Jerome Powell compares it to gold.
Bitcoin hits a new high near $94,700. Spot bitcoin ETFs launch, BlackRock contracts near $1.9 billion. MicroStrategy buys more crypto.
The price of bitcoin has rallied in the year following an election. Analysts weigh in on forecasts for a Trump or Harris victory.
Coinbase announced third-quarter earnings and revenue late Wednesday. Bitcoin is trading around $72,000, just below its March 14 record high of $73,798.