Altcoins surged as Bitcoin approached all-time high, boosted by support from Trump and Harris.

From Nasdaq: 2024-10-29 19:24:56

Bitcoin was on the rise, nearing an all-time high, leading to increased trading in altcoins. Aptos, Chainlink, and Shiba Inu saw gains of over 5%, with Bitcoin Cash trailing at under 5%.

The crypto market follows Bitcoin’s lead, which surpassed $70,000 and was approaching its all-time high. Both Trump and Harris show support for the crypto industry, leading to a bullish trend in the market.

Investors should be cautious as scandals in the crypto sector may lead to stricter regulations. Aptos is not among the 10 best stocks identified for potential high returns by Stock Advisor analysts.

Consider investing in the top 10 stocks recommended by Stock Advisor for potential high returns. The Motley Fool has positions in Aptos, Bitcoin, Chainlink, and Tesla. Eric Volkman holds positions in Bitcoin.



Read more at Nasdaq: Why Altcoins Were Rocketing Higher Today