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FOMO Rally Continues, Bitcoin Prospects Under Trump: Calling for a Trend

    It's been an eventful day on Wall Street, so sit back and relax with Asking for a Trend host Josh Lipton as he looks back at the session's biggest market trends.

    While the Dow Jones Industrial Average (^DJI) closed the day above 44,000 and the S&P 500 (^GSPC) reached above 6,000, bitcoin (BTC-USD) extended its rally and reached an all-time high of $88,000.

    Yahoo Finance market reporter Josh Schafer explores the hottest themes in the evolving FOMO rally.

    Asymmetric founder, CEO and CIO Joe McCann joins the program to discuss why he believes bitcoin could even reach $100,000 under President-elect Donald Trump's second administration.

    For more expert insights and analysis on the latest market action, check out more Questions for a Trend here.

    This post was written by Luke Carberry Mogan.