Resilient Day-Traders Thrive in High-Risk Markets

1 min read
Source: Bloomberg
Resilient Day-Traders Thrive in High-Risk Markets
Photo: Bloomberg
TL;DR

Despite a rise in Treasury yields cooling enthusiasm for major US stocks, speculative trading remains robust in the cryptocurrency market. Bitcoin surged past $100,000, MicroStrategy's stock soared, and a crypto token called "fartcoin" saw its market value exceed $700 million. This speculative fervor coincided with Donald Trump's visit to the New York Stock Exchange, where he hinted at future crypto initiatives.

Share this article

Want the full story? Read the original reporting

Read on Bloomberg