Bitcoin passed $89K for the first time, Tesla closed up 8.96%, Coinbase closed up 19.76%, and Robinhood closed up 7.4%, as investors pile into “Trump trades”
It Just Had Its Best One Ever Steven Walgenbach / Inside Bitcoins : BlackRock Bitcoin ETF Hits New Record As Polymarket Odds Of Bitcoin Hitting $100K This Year Soar Vladimir Popescu / Watcher Guru : Tesla Stock Soars 8% Post-Market as Bitcoin Holdings Hit $1 Billion Kurt Robson / CCN.com : Tesla's Bitcoin Holdings Top $1B - Will Elon Musk Cash Out? Fred Lambert / Electrek : Tesla's Bitcoin holdings surge by riding crypto wave Callum Keown / Barron's Online : Coinbase, Robinhood Stocks Fall. Why It's a Volatile Day for Crypto Shares. Andrew Hayward / Decrypt : Bitcoin Price Nears $85,000 as Crypto Liquidations Top $680 Million Jesse Pound / CNBC : Coinbase, Robinhood CEOs say Trump administration will clear up crypto's regulatory muddle Ravi Mattu / New York Times : Bitcoin Sets Another Record as Bullish Bets Continue Sunil Jagtiani / Bloomberg : Bitcoin Record Lifts Crypto Market Value Past Pandemic-Era Peak Financial Times : Live news: Investor John Paulson bows out of race to be Donald Trump's Treasury secretary Ankur Banerjee / Reuters : Bitcoin surges to record high on Trump bets Yueqi Yang / The Information : Bitcoin Hits $88,000 as Crypto Market Cap Tops $3 Trillion The Daily Hodl : Bitcoin Shatters $88,000 As Top Crypto Asset Displays Vintage Number Go Up Mode Srinibas Rout / Bitcoin Insider : Bitcoin hits a record $86,000: is $100K within reach? Benson Toti / CoinJournal : Bitcoin breaks $87k; here's what this analyst says about BTC price Angus Berwick / Wall Street Journal : Bitcoin, Dogecoin and Solana Surge in Post-Election Crypto Price Jump Max Zahn / ABC News : Bitcoin, dogecoin: Crypto prices surge amid investor enthusiasm about Trump Zoltan Vardai / Cointelegraph : Bitcoin hits new $85K high, with just 17% left for BTC $100K record Stan Choe / 6abc : Stock market today: Most of Wall Street rolls higher as bitcoin bounces above $86,000 Mat Di Salvo / Decrypt : Bitcoin, Ethereum ETFs Add Nearly $2 Billion as Crypto Market Surges Catherine McGrath / Fortune : Bitcoin brushes $85,000 in new all-time high Katie Stockton / CNBC : Katie Stockton says bitcoin could be headed to $98,000 next after some short-term consolidation Taylor Herzlich / New York Post : Bitcoin surges to all-time high above $84,000 on Trump White House win Oliver Haill / Proactive : Dow soars as post-election rally continues; Tesla, Bitcoin lead market gains James Titcomb / Telegraph : The crypto bros poised to make billions from Trump presidency as Bitcoin booms Jesse Pound / CNBC : The iShares bitcoin ETF is now bigger than its gold counterpart following rush into crypto on Trump win Nickie Louise / Tech Startups : Bitcoin hits new all-time high of $82,000 as crypto euphoria over Trump's election victory continues Liam ‘Akiba’ Wright / CryptoSlate : Over $590 million liquidated as long altcoin traders lose $343 million amid $82k Bitcoin The Indian Express : Bitcoin surge triggers billions in losses for crypto short traders after Trump win George Glover / Barron's Online : Bitcoin, Dogecoin Price Soar. How Far They Could Rise. Rob Wile / NBC News : Price of bitcoin hits all-time high as Trump victory sinks in Fox Business : Bitcoin surges to a new record high, topping $84,000 Oluwapelumi Adejumo / CryptoSlate : Solana's price surge propels its market cap past $100 billion, outpacing Bitcoin and Ethereum gains Kevin Buckland / Reuters : Asian stocks slide as China stimulus disappoints; bitcoin extends record rally George Glover / Barron's Online : Coinbase Stocks Soars. What's Behind the Rally in Crypto Shares. Marta Biino / Semafor : Bitcoin soars over $80K for the first time as crypto hopes surge a16z crypto : a16z says it is “very optimistic” that the US government will “foster innovation” in crypto and there is a “pathway for constructive engagement” with regulators James Van Straten / CoinDesk : Bitcoin Touches Record-High $85K, Adds Almost $20K in a Week Adam James / The Block : MicroStrategy says it bought 27,200 BTC for ~$2.03B in cash at ~$74,463 per coin from October 31 to November 10, 2024, taking its total holding to 279,420 BTC X: Eric Balchunas / @ericbalchunas : The Bitcoin Industrial Complex (ETFs + MSTR, COIN) saw $38b in trading volume today, lifetime records being set all over the place, incl $IBIT which did $4.5b, which points to a robust week of inflows. Just an insane day, it really deserves a name a la Volmageddon [image] @cryptokaleo : When Bitcoin finally made a clean break above the previous cycle's all time high in December of 2020, it ripped 22% higher without pulling back over the course of several days before it slowed down a bit. It spent about week consolidating their prior to beginning another 75% up only run over the course of the next few weeks. A similar move here would see BTC stalling out a bit around $90K, followed by a swift move to ~$150K. The fun in this bull market is just getting started. Nayib Bukele / @nayibbukele : I told you so. Peter Schiff / @peterschiff : #Bitcoin, crypto, and blockchain will likely go down as the biggest example of popular delusions and the madness of crowds in world history. The overall losses when the bubble finally pops will be staggering. It's not just the speculators who will be left holding a bag of Matt Huang / @matthuang : Strategic Bitcoin Reserve *should* be a bipartisan concept. Deva Hazarika / @devahaz : Crypto, meme stocks, NFTs, sports betting, prediction markets, options trading, angel investing — never underestimate the desire of people to gamble and speculate Matt Hougan / @matt_hougan : Everyone is focused on new people buying bitcoin. That's very real. But an equal part of this rally is that people have stopped selling. Long-term owners are no longer willing to part with bitcoin below $100k, and short-sellers don't want to step in front of a freight train. @autismcapital : Where else can you get based dictators gloating that Bitcoin is going up other than X? Love it. @cointelegraph : 📈 INSIGHT: U.S. spot Bitcoin ETFs saw almost $8B worth of trading volume on Nov. 11 It marks the highest day of trade volume since mid-March, as per CoinGlass data. 🔥 [image] Trung Phan / @trungtphan : damn, Bitcoin rally is impacting labour markets [image] Peter Schiff / @peterschiff : With so many people selling #gold ETFs today to buy #Bitcoin ETFs and Bitcoin-related equities, #silver held up relatively well. With gold down 2.4%, silver only fell 1.8%. Typically, on a day when gold is down this much, silver would be down twice as much. Maybe a silver lining. Chris Burniske / @cburniske : They'll say you were lucky, but they also won't realize we're almost 2 yrs into this bull. [image] Eric Balchunas / @ericbalchunas : Dude got destroyed in the comments but take all the sell side research, newsletters and tv pundits this year and I can't recall any of them coming closer than this to nailing a call. (It was like $57k and trading sideways at the time) Packy McCormick / @packym : It's crazy how overexposed to tech and crypto I am versus how underexposed to tech and crypto I feel. I don't think I'm the only person who feels this way. It's going to get silly. Cameron Winklevoss / @cameron : Bitcoin becoming unburdened by what has been. @warobusiness : Rmb how germany sold $2b in bitcoin at low 60s Lol, lmao even Packy McCormick / @packym : Fondly remembering selling all 38 of my stupid Bitcoin in fall 2013 to pay for a trip to Oktoberfest with the boys. 🍻 Tyler Winklevoss / @tyler : Bitcoin price appreciation is giving us a tiny glimpse into just how toxic and destructive @GaryGensler and @SenWarren's behavior has been on our industry. But this has been happening to every industry the last 4 years. Get ready for a supersonic American economic boom! Eric Jackson / @ericjackson : After today, $COIN trades at 83x next year's earnings (their E is likely low) DeFi is a crypto stock trading at 5.5x after today's 25% rally... it's back above C$3 for the first time since June... If crypto keeps running and they keep churning out new ETPs in Europe, get into Ryan Selkis / @twobitidiot : Non-Bitcoin crypto is a distant fifth in priority to the new administration just fyi. 1. Strategic BTC reserve 2. Getting stablecoins / banking right 3. Commuting Ulbricht's sentence 4. Preserving self-custody without funding North Korea ... 5. Creating rules for token issuers. Sheel Mohnot / @pitdesi : We had this happen in one of our portcos when BTC hit $20k CTO made so much off bitcoin that he stopped giving a shit about work & ended up leaving. @jason : You have to be seriously retarded to short Tesla 😂😂😂 @architect9000 : We live in a world where the only things David Sacks and Paul Graham agree on are gravity and Brian Armstrong. $COIN Gaut / @0xgaut : your crypto family member at thanksgiving this month [image] Mckay Wrigley / @mckaywrigley : AI + Crypto is wildly mispriced. Trump admin will come in and deregulate the crypto industry. This will happen as AI Agents begin hitting the early stages of the “AI Employee” level. Crypto will be the financial rails for those agents. Digital employees + programmable money. @cryptocom : Imagine not being in Crypto right now. Ryan Hoover / @rrhoover : Crypto's booming just in time for parents to fomo in at Thanksgiving Scottie Pippen / @scottiepippen : #BeLikeSatoshi @emperorbtc : 100K is a small target and your Dump Bearish influencer doesn't understand this. Do you understand we avoided the most obvious recession, the most obvious housing default market, we have halving with us and Trump will do anything to keep us happy. Tero Kuittinen / @teroterotero : Looking like a healthy stock market - top gainers are fueled by implicit promise of government intervention on their behalf Tero Kuittinen / @teroterotero : They're running it up before the government starts buying crypto with tax payer money. 2025 will be something else. Ignas / @defiignas : First, let BTC run and do its thing. When BTC stops pumping and price stabilizes for a day or two... ETH, SOL, and altcoins will pump like crazy. @cryptokaleo : Democrats are 100% going to use the argument “Look at how bullish crypto was at the end of Biden's presidency!” next election. Udi / @udiwertheimer : BITCOIN UPGRADES HAPPEN IN BULL MARKETS AND THEY SET THE TONE FOR THE FOLLOWING CYCLE HERE'S WHY open a bitcoin chart and look at when the last bitcoin upgrades — segwit and taproot — were activated that's right: in the 2017 bull run and in the 2021 bull run 4 years apart [image] Alex Wice / @awice : this time, its not about retail money. its about institutional money. they will buy your bags. supercycle. (real) acb. Eric Balchunas / @ericbalchunas : We looked and the $53b that has come into ETFs since Election Day crushes the three days following the election of Biden, Trump 1.0 and Obama 2012. So if it feels unusually Animal Spirit-y it is bc it is.. chart via @SirYappityyapp [image] @cryptocevo : DOGE added 28b in mcap in ONE WEEK. Imagine how fast things can go in a very short time Eric Balchunas / @ericbalchunas : Bitcoin mania taking over the stock market too as Coinbase and Microstrategy are both in Top 5 most traded stocks today, something i've never seen, only Tesla and Nvidia more. Both up an absurd 18% today. Feels like a craze, at least for the moment.. [image] Jeff Roberts / @jeffjohnroberts : Bitcoin could soon flip silver (!) [image] Forums: Msmash / Slashdot : Bitcoin Sets Another Record as Bullish Bets Continue