Bitcoin Climbs Above $84K, Adds Almost $20K in a Week
Summary
Bitcoin surged above $84,000, continuing its rally after Donald Trump's U.S. presidential election victory. The cryptocurrency added nearly $20,000 from its recent low of $66,700. Major tech stocks like Apple, NVIDIA, Amazon, Microsoft, and META declined, while Google saw a slight increase and Tesla rose by 9%. Gold decreased by 2%. This trend suggests a potential shift from tech stocks and gold to cryptocurrencies, influenced by Trump's pro-cryptocurrency stance. The iShares Bitcoin Trust ETF experienced $1 billion in trading volume within 35 minutes, indicating strong market interest.
