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New York CNN —The bitcoin bulls and meme stock traders are fired up about the prospect of another Donald Trump White House. At the same time, shares of Trump Media were bouncing back from Tuesday’s mysterious 10% drop and resuming their meme-stock-esque tendency to rise without any fundamental reason to do so. What do the two assets, a digital currency and a media stock, have in common? Crypto traders are amped because of the Republican nominee’s apparent 180 on the asset class he once dismissed as a scam. Bottom line: Both bitcoin and Trump Media could become even more volatile over the next few weeks as more traders pile in.
Persons: CNN Business ’, Donald Trump, Kamala Harris ’, Harris, Trump, CNN’s, , Steph, , Adrian Fritz, It’s, ” Fritz, it’s, Al Root, Root, Fritz, “ It’s Organizations: CNN Business, New York CNN, Donald Trump White House, Trump Media, Trump, Liberty Financial, hyperdrive, Harris ’, ” Trump Media, Apple Locations: New York, , Central
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