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Crypto and Stocks Boom After Election Surprise

USAMonday, November 11, 2024

Bitcoin, the popular cryptocurrency, broke its own record by hitting over $80, 000 shortly after Donald Trump's presidential victory. This big win sent shockwaves through the crypto market, causing Bitcoin's value to skyrocket. At the same time, stock markets were celebrating too, reaching their highest points in a long while. The Dow Jones and S&P 500 had their best weeks in a year, showing how excited investors were. Companies like Tesla and Palantir led the pack, with Tesla's value climbing back up to a whopping $1 trillion. The earnings season is now underway, and big names like Meta, Google, and Nvidia are about to show their results. Even with some losses, many stocks are getting close to their buy points, hinting at a possible rise in the market. During this earnings season, investors are urged to keep a close eye on their portfolios and watchlists.

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