Why Crypto-Related Stocks Are Rising Today

Shares of crypto-related stocks are trading higher after pro-Bitcoin libertarian candidate Javier Milei won Argentina’s presidential election. Here’s what’s going on. What To Know: Milei’s victory over current Finance Minister Sergio Massa for president of Argentina sparked a rally in the crypto market on Monday due to Milei’s firm support for Bitcoin. Milei believes that Bitcoin instrumental is to returning control of money to the private sector and has derided the country’s central bank as a scam, going so far as to call for its aboliton. Milei’s election to the presidency of Argentina marks…


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