Last night, the US and European stock markets rose across the board.

In the US, all three major indexes closed higher, with the Dow Jones up 0.97%, the S&P 500 index up 0.35%, and the Nasdaq up 0.16%.

Meanwhile, Bitcoin experienced increased volatility, briefly surpassing $99,500 before retreating. As of the time of writing, the Bitcoin price is $98,580, having dropped to below $97,000 yesterday, retreating over $2,000 from its record high. Coinglass data shows that in the wake of the wild fluctuations, over 127,000 people in virtual currencies were liquidated.

It is worth noting Tesla, whose stock price rose by 3.8%, reported at $352.56 per share, reaching a new high since April 2022, with a total market capitalization of $1.13 trillion.

Reports indicate that Musk's net worth reached a record $347.8 billion on Friday, partly due to the continuous rise in Tesla's stock price, and on the other hand, his AI startup xAI was valued at $50 billion in a new round of financing, with Tesla rising 45% since the day before the election.

Nvidia, on the other hand, fell by 3.22%. On the news front, Phillip Securities analyst Yik Ban Chong released the latest research report on Friday (22nd), downgrading Nvidia's stock rating from "Buy" to "Gradually Accumulate".

Chong explained that the downgrade was based on recent price fluctuations, rather than financial report data.

Most Chinese concept stocks fell, with the Nasdaq Golden Dragon China Index down 1.37%, Century Internet down over 13%, Pinduoduo down over 3%, iQIYI down over 3%, Bilibili down over 3%, and Xpeng Motors down over 3%.

Additionally, gold prices surged significantly, breaking through $2,700 again. #比特币突破10万？ $BTC