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 Summary

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.

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