U.S. Crypto Stocks Rally as Bitcoin Breaks $100K Milestone
U.S. crypto-related stocks saw a significant surge in pre-market trading on Tuesday as Bitcoin smashed through the much-anticipated $100,000 mark. This milestone, a psychological and technical breakthrough for the world's largest cryptocurrency, fueled optimism across the digital asset sector.
S&P 500 Posts Historic Post-Election Day Surge, Bitcoin ETFs Expect Monster Inflows
Bitcoin hit an all-time high and the S&P 500 saw its best post-Election Day performance in history, rallying 2.5% on investor optimism about pro-growth policies under President-elect Donald Trump.
Blockchain: The Trust Disrupter
Shared ledger technology and the impact on stocks: This report reassess our views on the extent to which bitcoin and its underlying technology, blockchain, present a disruptive threat and/or opportunity to global incumbents operating in the payments, capital markets, financial services and media ecosystems. We leverage Credit Suisse's global franchise to deliver the collective cross-sector and cross-border insights of 31 contributing analysts across 5 sectors and 5 key geographies, providing 14 key stock calls.
