Bitcoin and Dogecoin Prices Fluctuate as Stock Market Reaches New Highs
Elon Musk isn’t just sending rockets into the stratosphere – he’s also sending dogecoin on a wild ride. The cryptocurrency saw a 250% jump since the election of Donald Trump, reflecting a broader wave of optimism in the industry due to Trump’s outreach to crypto advocates during his campaign.
Bitcoin’s price took a hit, dropping to $91,000 after Trump’s election win, but quickly rebounded to reach a new high of $94,000, inching closer to the elusive $100,000 mark. This surge has reignited excitement among investors who had been cautious about entering the cryptocurrency market.
The cost of raising a family can be steep, especially in certain areas, but parents consider more than just finances when deciding where to raise their children. It’s about finding the right balance of affordability, safety, and opportunities for their kids.
Bitcoin is on a tear, hitting an all-time high above $94,000 after a remarkable 120% surge this year from $40,000. This milestone has not only revitalized Bitcoin but also sparked a resurgence in altcoins, showcasing the increasing variety in the crypto space as investors look beyond Bitcoin for opportunities.
Tether, the third-largest cryptocurrency by market capitalization, has come under scrutiny for its alleged role in facilitating cross-border money laundering. A recent report by 404 Media suggests that Tether is being used as a tool for money laundering by Mexican drug traffickers, prompting investigations by U.S. federal authorities.
The Dow and S&P 500 reached record highs, while the dollar weakened as President-elect Donald Trump selected Wall Street’s Scott Bessent as his next Treasury Secretary. This move in the financial markets reflects optimism about the future under the new leadership.
While the cost of turkey may be going down, families may still find it pricey to host a Thanksgiving gathering this year. According to a LendingTree survey, more than half of Americans plan to host guests for Thanksgiving, spending an average of $431 on food, drinks, and decorations – a 19% increase from the previous year.
