Risk assets are on the rise as Americans head to the polls to elect their next president as well as to determine which political party will control the two houses of Congress.its third quarter results Monday night — was higher by 26% as that company disclosed additional bitcoin purchases and reiterated its commitment to a bitcoin stockpiling strategy similar to that of Michael Saylor's MicroStrategy . For its part, MSTR was higher by 7.5% in early trading.
Recently roughed-up bitcoin miners like Marathon Digital , Riot Platforms and Hut 8 were sporting gains in the 3%-5% range. Crypto exchange Coinbase was higher by 3%, though remains lower by about 10% over the past few sessions following a disappointing third quarter earnings report. In traditional markets, the Nasdaq was higher by more than 1% and the S&P 500 advanced 0.8%. Gold and oil were moderately in the green and the 10-year U.S. treasury yield was up seven basis points to 4.36%.a tight race for not just the U.S. presidency but also the fight for which party might control the House of Representatives and the Senate.
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