HomeBusinessBitcoin falls, Dogecoin rises and stocks reach new highs: market news overview

Bitcoin falls, Dogecoin rises and stocks reach new highs: market news overview

Dogecoin is a joke. Let’s talk about the cryptocurrency rally – fueled by Elon Musk and Donald Trump

Photo: Jakub Porzycki/NurPhoto (Getty Images)

Rockets aren’t the only thing Elon Musk is sending into the stratosphere.

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After a three-year decline, dogecoin is skyrocketing again, up 250% since Donald Trump’s election – part of a broader wave of optimism in the industry, thanks to Trump’s courting of crypto advocates during his campaign.

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Bitcoin falls below $91,000 as the Trump rally in the crypto market takes a turn for the worse

Photo: Chesnot (Getty Images)

Photo: Chesnot (Getty Images)

Bitcoin’s price fell back to $91,000 on Tuesday afternoon, as the leading cryptocurrency reversed course after some recent gains following Donald Trump’s election victory.

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How to invest in Bitcoin and crypto – without actually buying it

Illustration: NurPhoto (Getty Images)

Illustration: NurPhoto (Getty Images)

Bitcoin has soared to a new high of $94,000, putting the long-awaited $100,000 milestone tantalizingly within reach. This significant price increase, following Trump’s election victory, has revived enthusiasm among investors who were previously hesitant to enter the cryptocurrency market. A key factor behind this reluctance is the lack of understanding about how to invest in Bitcoin and the perceived risks associated with it.

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The 8 Best Countries in the World to Raise a Family

Photo: Shansche (Getty Images)

Photo: Shansche (Getty Images)

Raising a family is expensive – and depending on where you live, it can be simply unaffordable. However, parents know that cost is only one factor in deciding where to raise their children.

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5 cryptocurrencies that will beat Bitcoin in 2024

Illustration: Chesnot (Getty Images)

Illustration: Chesnot (Getty Images)

Bitcoin hit a new all-time high, surpassing $94,000, after rising more than 120% from $40,000 this year. This milestone has reinvigorated the broader cryptocurrency market, leading to a resurgence of altcoins. Many cryptocurrencies have made huge gains, with some surpassing Bitcoin’s performance this year. The rally highlights the growing diversity within the crypto space, as investors increasingly explore opportunities beyond Bitcoin to capitalize on the market’s momentum.

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Drug cartels are using cryptocurrency Tether to launder money, court documents show

Illustration: ninitta (Getty Images)

Illustration: ninitta (Getty Images)

Tether (USDT), currently the third-largest cryptocurrency by market capitalization, has been under intense scrutiny for several months due to federal investigations into its alleged role in facilitating cross-border money laundering. Now, a recent report from 404 Media highlights the increasing use of Tether as a money laundering tool for Mexican drug traffickers, according to US federal authorities.

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The Dow Jones and the S&P 500 are reaching new highs as Trump chooses Scott Bessent as Treasury Secretary

A trader works on the floor of the New York Stock Exchange during morning trading on March 4. - Photo: Angela Weiss (Getty Images)

A trader works on the floor of the New York Stock Exchange during morning trading on March 4. – Photo: Angela Weiss (Getty Images)

The Dow Jones and S&P 500 hit record highs, while the dollar weakened Monday on news that President-elect Donald Trump has tapped Wall Street’s Scott Bessent as his next Treasury secretary.

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According to an analyst, Donald Trump’s best and worst cabinet choice

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Lou Basenese, chief market strategist at Public Ventures LLC, breaks down the best and worst Cabinet picks, from Scott Bessent to Dr. Oz

How the cost of hosting Thanksgiving is changing

Photo: Violeta Stoimenova (Getty Images)

Photo: Violeta Stoimenova (Getty Images)

Even as Turkey becomes more affordable, inflation-stricken families may still find it expensive to host a Thanksgiving gathering this year.

According to a LendingTree survey of more than 2,000 U.S. consumers, nearly 56% of Americans plan to entertain guests this Thanksgiving. Hosts expect to spend an average of $431 ($265 on food/beverages and $166 on decor), a 19% increase from last year

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