From Cointelegraph

November 11, 2024 2:49:47 pm:

Coinbase Inc. saw a 20% surge in stock value after the U.S. elections, hitting over $300 for the first time since 2021. Analysts believe Donald Trump’s win will benefit the crypto industry, easing regulatory pressure on firms like Coinbase. The company reported $1.2 billion in Q3 2024 revenues and $75 million profits.

Galaxy Digital had its biggest trading day of the year on Nov. 5, following Trump’s victory. CEO Michael Novogratz stated that the firm was trading at full capacity with counterparties in the U.S. and abroad. The surge in interest in crypto assets post-election was seen as an affirmation of the firm’s efforts.

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Bitcoin hits new all-time high of $60,000, fueled by institutional interest and positive market sentiment. The cryptocurrency’s market capitalization surpasses $1 trillion for the first time. Analysts predict continued growth as more investors flock to digital assets as a hedge against inflation and economic uncertainty.: Coinbase stock breaks $300 for first time since 2021