Tuesday's big stock stories: What's likely to move the market in the next trading session
Portfolio Pulse from
The stock market is experiencing a strong rally post-election, with the Dow and S&P 500 reaching record highs. Bitcoin has also surged significantly, trading above $88,000.
November 11, 2024 | 11:00 pm
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Coinbase, a major cryptocurrency exchange, is likely to benefit from Bitcoin's surge above $88,000, as increased trading activity could boost its revenues.
Coinbase is directly involved in cryptocurrency trading, and a significant rise in Bitcoin's price often leads to increased trading activity on its platform, which can boost its revenue.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80