Stock Track | Bit Digital Soars 5.48% in Premarket as Trump's Crypto-Friendly Moves Boost Investor Sentiment

Stock Track

Jan 24, 2025

Bit Digital, Inc. (BTBT) shares surged 5.48% in premarket trading on Friday, following an intraday rally in the cryptocurrency market and crypto-related stocks after President Donald Trump signed an executive order on digital assets.

The executive order aimed to establish the U.S. as a leader in digital asset innovation and mainstream adoption of cryptocurrencies. It creates a new working group tasked with proposing regulations for the crypto industry and exploring the creation of a national cryptocurrency stockpile.

The order also directed regulators to protect banking services for crypto companies, alleviating concerns about them being cut off from the financial system. It also banned the development of any central bank digital currency that could compete with existing cryptocurrencies like Bitcoin.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Easy breezy. No more feesies.","description":"Tiger Trade is a mobile trading app offering real time data, low commission fees and a free demo account. Download now to start investing in ETFs, options and the global share market.","keywords":"Tiger Brokers,U.S. stock trading,Hong Kong stock trading,trading U.S. stocks,stock information,stock prices,U.S. stock quotes,U.S. stock trading,Hong Kong stock trading,IPO trading,buying U.S. stocks,global investment","social":{"ogDescription":"Tiger Trade is a mobile trading app offering real time data, low commission fees and a free demo account. Download now to start investing in ETFs, options and the global share market.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1140413256"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"NZL","license":"TBKIWI","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1140413256\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1140413256?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-01-24 17:05","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1140413256","market":"us","top_or_hot":-1,"title":"Stock Track | Bit Digital Soars 5.48% in Premarket as Trump's Crypto-Friendly Moves Boost Investor Sentiment","media":"Stock Track","content":"<p>Bit Digital, Inc. (BTBT) shares surged 5.48% in premarket trading on Friday, following an intraday rally in the cryptocurrency market and crypto-related stocks after President Donald Trump signed an executive order on digital assets.</p>\n\n<p>The executive order aimed to establish the U.S. as a leader in digital asset innovation and mainstream adoption of cryptocurrencies. It creates a new working group tasked with proposing regulations for the crypto industry and exploring the creation of a national cryptocurrency stockpile.</p>\n\n<p>The order also directed regulators to protect banking services for crypto companies, alleviating concerns about them being cut off from the financial system. It also banned the development of any central bank digital currency that could compete with existing cryptocurrencies like Bitcoin.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Bit Digital Soars 5.48% in Premarket as Trump's Crypto-Friendly Moves Boost Investor Sentiment</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Bit Digital Soars 5.48% in Premarket as Trump's Crypto-Friendly Moves Boost Investor Sentiment\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2025-01-24 17:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Bit Digital, Inc. (BTBT) shares surged 5.48% in premarket trading on Friday, following an intraday rally in the cryptocurrency market and crypto-related stocks after President Donald Trump signed an executive order on digital assets.</p>\n\n<p>The executive order aimed to establish the U.S. as a leader in digital asset innovation and mainstream adoption of cryptocurrencies. It creates a new working group tasked with proposing regulations for the crypto industry and exploring the creation of a national cryptocurrency stockpile.</p>\n\n<p>The order also directed regulators to protect banking services for crypto companies, alleviating concerns about them being cut off from the financial system. It also banned the development of any central bank digital currency that could compete with existing cryptocurrencies like Bitcoin.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BTBT","symbol_name":"Bit Digital, Inc.","start_time":0,"source_url":"","article_id":"1140413256","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1140413256","pubTimestamp":1737709502,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Bit Digital, Inc.  shares surged 5.48% in premarket trading on Friday, following an intraday rally in the cryptocurrency market and crypto-related stocks after President Donald Trump signed an executive order on digital assets.The executive order aimed to establish the U.S. as a leader in digital asset innovation and mainstream adoption of cryptocurrencies. It creates a new working group tasked with proposing regulations for the crypto industry and exploring the creation of a national cryptocurr","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BTBT":"Bit Digital, Inc."},"translate_title":"由于特朗普的加密货币友好举措提振了投资者情绪，Bit Digital股价盘前飙升5.48%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BTBT":1},"content_text":"Bit Digital, Inc. (BTBT) shares surged 5.48% in premarket trading on Friday, following an intraday rally in the cryptocurrency market and crypto-related stocks after President Donald Trump signed an executive order on digital assets.\nThe executive order aimed to establish the U.S. as a leader in digital asset innovation and mainstream adoption of cryptocurrencies. It creates a new working group tasked with proposing regulations for the crypto industry and exploring the creation of a national cryptocurrency stockpile.\nThe order also directed regulators to protect banking services for crypto companies, alleviating concerns about them being cut off from the financial system. It also banned the development of any central bank digital currency that could compete with existing cryptocurrencies like Bitcoin.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}