U.S. crypto equities surged in pre-market trading, with Bitcoin climbing above $75,000, indicating a bullish trend driven by Trump’s presidential election win.
MicroStrategy, the largest corporate holder of Bitcoin, saw its shares rise 12%, nearing a record high, reflecting a staggering 280% increase this year.
The possibility of favorable regulations for cryptocurrencies under Trump could catalyze a new bull run, enticing investors into a more diverse array of crypto investments.
CEO Simon Gerovich of Metaplanet noted that the company’s trading volume reached a record, showcasing the growing interest and investment in Bitcoin-related businesses.
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