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    ‘Trump trade’ returns for second week as bitcoin, Tesla, stocks surge

    • November 12, 2024

    Cryptocurrencies and stocks, including Tesla, rallied Monday, picking up where they left off last week in the wake of the President-elect Donald Trump’s victory.

    The price of bitcoin hit an all-time high of more than $88,000, a rally that started shortly after Trump was declared the winner of the election. That’s up from $68,000 — a gain of 27% — just since last Tuesday, Election Day in the U.S.

    Year to date, the price of bitcoin has nearly doubled.

    This post appeared first on NBC NEWS

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      Popular Topics
      • Trump-Xi call restores trade truce. But the supply chain war has no end in sight
      • North Korea refloats destroyer that capsized during launch, surprising naval analysts
      • Shein and Temu see U.S. demand plunge as loophole for cheap goods closes
      • ‘Gone too far’: GOP lawmakers rally around Trump after Musk raises Epstein allegations
      • Democrats begin to embrace Musk amid Trump spat after party railed against him as a ‘dictator’
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