Bitcoin rises above $90,000 on Trump euphoria
Portfolio Pulse from
Bitcoin surged past $90,000, driven by optimism surrounding Donald Trump's presidency and its potential positive impact on cryptocurrencies.
November 13, 2024 | 3:00 pm
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ARKB, an ETF with exposure to Bitcoin, may see positive short-term impacts as Bitcoin's price surges past $90,000 due to optimism about Trump's presidency.
ARKB is likely to benefit from the rise in Bitcoin's price as it has exposure to Bitcoin. The surge past $90,000 is driven by positive sentiment regarding Trump's presidency, which could boost ARKB's value.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50