30s Summary

Bitcoin has hit a peak of $90,000, its highest price since President Donald Trump’s election in 2024 and is now 11% short of $100,000. Since the election, Bitcoin has seen a rise of around 30% while other cryptos and stocks have also grown. Shares of crypto exchange, Coinbase, have risen roughly 75% since Nov. 5. Additionally, US-based crypto miners enjoyed a rally, and leading altcoin Solana has surged 35%. Meanwhile, the S&P 500 broke the $6,000 barrier for the first time on Nov. 11.

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Hey, did you see? Bitcoin’s price just reached over a whopping $90,000! This is the most recent peak since Donald Trump was elected President in 2024.

On Coinbase, Bitcoin (BTC) reached $90,000 at exactly 12:56 PST on Nov. 12, an 11% increase in just one day according to TradingView data. We’re now only just over 11% away from the big 100K!

Experts previously said that if Trump got into the White House, with his clear support for crypto, Bitcoin could possibly hit six figures.

Since the US election on Nov. 5, Bitcoin has increased around 30%, and it wasn’t alone. Crypto and stocks have seen a wider upswing.

Similarly, shares of the popular crypto exchange Coinbase have skyrocketed roughly 75% to a near three-year peak since Nov. 5. On Nov. 11 alone, it closed with a nearly 20% boost at $324.24, as reported by Google Finance.

Even US-based crypto miners like Marathon Digital Holdings enjoyed a near 30% rally on Nov. 11. Other companies, including CleanSpark and Hut 8, gained over 25% on the same day.

The S&P 500, which keeps tabs on the biggest 500 US firms, shot up 4.25% since the election day and broke the $6,000 barrier for the first time ever on Nov. 11.

In other news, the major altcoin Solana (SOL) has surged 35% since Nov. 5, reaching its highest point since December 2021 at $222 on Nov. 11, riding the wave of the broader crypto market bull run.