With Trump's victory in the U.S. election, cryptocurrencies surged, lifting related concept stocks and ETFs in the Taiwanese market.
Crypto Market Boom Post-Trump Win
Bitcoin briefly soared past $75,000** yesterday (November 6), hitting a yearly high, while Ethereum rebounded for three consecutive days to **$2,817.50. Dogecoin (DOGE) also jumped 12% in 24 hours.
Trump has emerged as a de facto Bitcoin ambassador, pledging during a Bitcoin conference earlier this year that his administration would:
- Not sell U.S.-held Bitcoin
- Adopt Bitcoin as a strategic reserve asset
- Position the U.S. as the "crypto capital" of the world
As Trump’s election odds rose, so did digital asset prices.
U.S. Crypto Stocks Rally
- Coinbase surged 31.11%
- MicroStrategy (a major Bitcoin holder) gained 13.17%
- WGMI Bitcoin Miner ETF rose over 17%
- Robinhood (crypto trading platform) climbed nearly 20%
Taiwanese Bitcoin Concept Stocks Shine
Today (November 7), Taiwanese "mining" concept stocks drew investor attention. The top 10 by trading volume included:
- Biostar (2399): 30,041 shares (flat)
- Gigabyte (2376): +0.5%, 16,570 shares
- Eoptolink (4979): -1%, 16,035 shares
Top performers by price:
- Senao (3558): +8.9%
- Powercolor (6140): +6.4%
- Nan Ya PCB (8046): +6%
ETF Spotlight: Cathay Global Digital Payment (00909)
- Yesterday: +6% (top gainer among 200+ ETFs)
- Today: +3.97% at close, 10% over two days
Key advantage: 00909 is Taiwan’s only ETF with heavy exposure to:
- Digital payment platforms
- Crypto exchanges
- Hardware providers (e.g., NVIDIA)
Market Outlook Under Trump 2.0
Analysts expect crypto-friendly policies, including:
- Dropping Biden-era investigations
- Pro-industry regulations
👉 Explore crypto investment opportunities
FAQ
Q: Why did Bitcoin surge post-Trump?
A: Trump’s pro-Bitcoin pledges boosted market confidence.
Q: What’s unique about 00909?
A: It’s Taiwan’s sole ETF tied to global crypto infrastructure.
Q: Which Taiwanese stocks benefit most?
A: Mining-related tech firms like Gigabyte and Nan Ya PCB.
For more financial insights, check our latest updates here.
### Key SEO Features:
1. **Keyword Integration**: Bitcoin, Trump, ETF 00909, crypto stocks, mining concept.
2. **Engaging Anchor Texts**: Encourages click-throughs to OKX.