{"id":133916,"date":"2024-12-06T09:29:51","date_gmt":"2024-12-06T02:29:51","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=133916"},"modified":"2024-12-06T09:29:51","modified_gmt":"2024-12-06T02:29:51","slug":"crypto-stocks-swing-wildly-after-bitcoin-tops-100000","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=133916","title":{"rendered":"Crypto Stocks Swing Wildly After Bitcoin Tops $100,000"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div id=\"mntl-sc-page_1-0\" data-sc-sticky-offset=\"80\" data-sc-ad-label-height=\"0\" data-sc-ad-track-spacing=\"90\" data-sc-min-track-height=\"250\" data-sc-max-track-height=\"600\" data-sc-breakpoint=\"50em\" data-sc-load-immediate=\"1\" data-sc-content-positions=\"[300, 1, 1, 1250, 1, 1, 1, 1]\" data-bind-scroll-on-start=\"true\">\n<div id=\"mntl-sc-block_1-0\" class=\"comp mntl-sc-block finance-sc-block-callout mntl-block\">\n<div id=\"mntl-sc-block_2-0\" class=\"comp mntl-sc-block mntl-sc-block-callout mntl-block theme-whatyouneedtoknow\" data-tracking-id=\"mntl-sc-block-callout\" data-tracking-container=\"true\">\n<h3 id=\"mntl-sc-block-callout-heading_1-0\" class=\"comp mntl-sc-block-callout-heading mntl-text-block\">Key Takeaways<\/h3>\n<div id=\"mntl-sc-block-callout-body_1-0\" class=\"comp mntl-sc-block-callout-body mntl-text-block\">\n<ul>\n<li>Cryptocurrency companies saw their shares swing after the price of Bitcoin climbed above $100,000 late Wednesday.<\/li>\n<li>The rally was spurred in part by President-elect Donald Trump&#8217;s pick of crypto enthusiast Paul Atkins to lead the SEC.<\/li>\n<li>MicroStrategy and Coinbase, along with bitcoin miners Riot Platforms and Mara Holdings, were among the companies to see their shares rise and then fall today. <\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<p id=\"mntl-sc-block_3-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Crypto-focused companies&#8217; shares had a volatile Thursday as bitcoin <a href=\"https:\/\/www.investopedia.com\/watch-these-bitcoin-price-levels-as-cryptocurrency-soars-above-usd100000-8756482#:~:text=Key%20Takeaways,that%20benefit%20the%20cryptocurrency%20market.\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\">traded above $100,000<\/a> and then retreated.\n<\/p>\n<p id=\"mntl-sc-block_5-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> MicroStrategy (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=MSTR\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\">MSTR<\/a>), a business intelligence services provider that is the <a href=\"https:\/\/www.investopedia.com\/microstrategy-buys-another-usd1-5-billion-of-bitcoin-8753702\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"2\">largest corporate holder<\/a> of Bitcoin, saw its stock rise as much as 10% intraday but finished some 4% lower. Crypto exchange Coinbase (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=COIN\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"3\">COIN<\/a>) rose before ending the day off 3%.\n<\/p>\n<p id=\"mntl-sc-block_7-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Other stocks that rose early and ended lower included bitcoin mining companies Riot Platforms (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=RIOT\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\">RIOT<\/a>) and Mara Holdings (<a href=\"https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=MARA\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"2\">MARA<\/a>).\u00a0Both finished the day down more than 4%.\n<\/p>\n<p id=\"mntl-sc-block_9-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Wednesday&#8217;s news that President-elect Donald Trump picked <a href=\"https:\/\/www.investopedia.com\/trump-names-paul-atkins-to-lead-sec-bitcoin-price-rises-8754568\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\">Paul Atkins<\/a> to lead the <a href=\"https:\/\/www.investopedia.com\/terms\/s\/sec.asp\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"2\">Securities and Exchange Commission<\/a> had helped drive the latest round of gains for bitcoin and other crypto assets.\n<\/p>\n<p id=\"mntl-sc-block_11-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> Atkins, an SEC Commissioner under former President George W. Bush, has worked lately on issues related to digital assets. Atkins would replace crypto critic Gary Gensler, who said he would <a href=\"https:\/\/www.investopedia.com\/crypto-critic-gary-gensler-to-step-down-from-sec-chair-role-in-january-8749534\" data-component=\"link\" data-source=\"inlineLink\" data-type=\"internalLink\" data-ordinal=\"1\">step down<\/a> in January.\n<\/p>\n<p id=\"mntl-sc-block_13-0\" class=\"comp mntl-sc-block finance-sc-block-html mntl-sc-block-html\"> The promise of a more crypto-friendly administration has propelled bitcoin prices more than 50% higher since the day before Trump\u2019s election win. Bitcoin recently traded closer to $95,000 after earlier topping $103,000.<\/p>\n<\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><div data-type=\"_mgwidget\" data-widget-id=\"1660802\">\r\n<\/div>\r\n<script>(function(w,q){w[q]=w[q]||[];w[q].push([\"_mgc.load\"])})(window,\"_mgq\");\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.investopedia.com\/crypto-stocks-swing-after-bitcoin-tops-usd100-000-coinbase-microstrategy-8756610\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Cryptocurrency companies saw their shares swing after the price of Bitcoin climbed above $100,000 late Wednesday. The rally was spurred in part by President-elect Donald Trump&#8217;s pick of &hellip; <a href=\"https:\/\/hotvideos24.online\/?p=133916\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-133916","post","type-post","status-publish","format-standard","hentry","category-business","entry"],"_links":{"self":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/133916","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=133916"}],"version-history":[{"count":0,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/133916\/revisions"}],"wp:attachment":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=133916"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=133916"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=133916"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}