Bitcoin, Dogecoin move higher on Elon Musk's being appointed to the Whitehouse. Nvidia, Tesla up in after hours trade. Markets reduce bets for US rate cuts. Life360 upgraded on new products

– But back to crypto  - which you all care about. Dogecoin gained 96% in seven days with the extra oomph coming after Musk’s appointment. While Bitcoin gained 18% in in 7 days, BTC rose above US$93,000 overnight. It’s lower now at US$89,500. And with technical indicators suggests bitcoin may face pressure before maybe running up again. So Bitcoin mining stocks, are trader down with the biggest mining stock Mara Holdings $MARA Holdings (MARA.US)$ falling 14%, with Rio Platform $Riot Platforms (RIOT.US)$ and CleanSpark $CleanSpark (CLSK.US)$ also lower. While Michael Saylor’s MicroStrategy $MicroStrategy (MSTR.US)$ fell 8%.

Well all eyes are on US producer inflation. If it falls more than expected it could push up stocks. But regardless, we are seeing a bit of dip buying in after hours trade. Nvidia $NVIDIA (NVDA.US)$, Tesla $Tesla (TSLA.US)$ shares are slightly higher. And what’s key is both of these companies profit when Bitcoin, is higher.

The share market $S&P/ASX 200 (.XJO.AU)$ is up 0.4% today with the ASX tech sector up the most up 2%. Family tracking app, Life360 $Life360 Inc (360.AU)$

shares are up 5% as the stocks was reiterated as a BUY by Morgan Stanley and Goldman Sash. I suspect Life360 $Life360 Inc (360.AU)$ is expected to do well in 2025 as its revenue is expected tor grow by 22% next year and 25% the year after. Plus it’s rolling out new products, such as family tracking for pets and the elderly. Life360 shares are one of this yeas best performers on the ASX. Its up 210% and consensus expects its shares will rise 1%. Other tech stocks moving up today to watch include accounting software giant Xero $Xero Ltd (XRO.AU)$ up 5.3%.