Trump won the US election, causing crypto stocks to rise sharply yesterday
After Trump won the election and bitcoin hit an all-time high, U.S. cryptocurrency stocks rallied sharply at the end of the trading day, with most gains in the double digits.
Cryptocurrency exchange Coinbase Global Inc (COIN), one of the biggest donors this election cycle, posted the biggest gain on Nov. 6, closing up 31.11 percent at $254.3 and up 62.1 percent year-to-date.
Robinhood Markets Inc (HOOD) also rose 19.6% on the day.
BTC buyer MicroStrategy Inc (MSTR) also closed up more than 13 percent. Shares of other U.S. bitcoin miners also rose, with Riot Platforms Inc (RIOT) closing up 26 percent, CleanSpark Inc (CLSK) up 23 percent, and Hut 8 Corp (HUT) up 11 percent.