Trump Ignites Bitcoin Craze: Investment Opportunities Cannot Be Missed
Trump's return is like a whirlwind, instantly igniting the Bitcoin craze! In just two weeks, the price of Bitcoin surged an astonishing 40%, just a step away from the $100,000 mark. The stock price of MicroStrategy, which continues to hoard coins, also skyrocketed, showcasing the incredible change of 'one day in the crypto world is like ten years in the real world.' The Cathay Digital Payment ETF (00909), closely related to Bitcoin, has recently seen a remarkable rise, increasing nearly 8% in a single week, ranking among the top of over 200 prototype ETFs and becoming a focal point for investors.
00909 began to rise slowly even before the U.S. elections, especially after November 5, with the confirmation of Trump's election, a trading frenzy surged in. The stock price soared from $28.71 to $36.33, and despite facing pullback pressure, the weekly return still reached 7.89%. Even more astonishing is that the three-month performance of this ETF reached 31.41%, leading all ETFs! As the only ETF covering crypto assets, blockchain, and virtual currency exchanges, MicroStrategy, with a 12.33% share in its components, is leading the wave of Bitcoin investment.
As MicroStrategy announced another Bitcoin acquisition, market expectations continue to rise. Trump is considering establishing a dedicated position to support cryptocurrencies, which will bring a series of friendly policies to the crypto world, driving up Bitcoin prices.
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