Bitcoin bulls wasted no time in celebrating after firebrand president-elect Donald Trump swooped to another shock victory in the US elections. The world's largest cryptocurrency soared past previous records to touch an intraday high of $75,400, marking one of the strongest single-day rallies in weeks.

Bitcoin hits an all-time high following Trump's election win. Will pro-crypto policies drive it to $100,000? Explore key insights and future price predictions. The post Bitcoin Surges to Record High as Trump Wins U.S. Election – Will It Reach $100,000 Soon? appeared first on Cryptonews.

Bitcoin (CRYPTO: BTC) surged to a new record high, touching $75,358 during early Wednesday trading in Europe and surpassing its previous peak of $73,737 from Mar. 14, as Donald Trump beat Kamala Harris to win the 2024 election. Although it later pulled back slightly to $73,879, the cryptocurrency maintained a strong 6.7% gain over the last day, according to CoinGecko data.

Bitcoin, the leading cryptocurrency, has become the ninth-biggest asset globally, according to the most recent data.

Hut 8 has announced an upgrade to its ASIC fleet with the purchase of 31,145 Antminer S21+ units at $15 per terahash.

Trump intends to make the United States the world's crypto capital and to create a BTC stockpile for the country, keeping 100% of the government's digital assets.

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"In the six months that followed the last three presidential elections, Bitcoin has had triple digit returns," one analyst noted.

Bitcoin has climbed to the 9th position in global market capitalization rankings, surpassing Meta Platforms (Facebook). The post Bitcoin Overtakes Meta to Claim 9th Spot in Global Market Cap Rankings appeared first on Cryptonews.

The Bitcoin price hit a new all-time high (ATH) as it surged past $73,700 and rose to as high as $75,000 on November 6. Following this development, crypto analyst Tony Severino has revealed what to expect next from the flagship crypto.

Bitcoin surged to a new all-time high of $75,000, which triggered around $190 million in liquidations for traders betting on an election-induced price drop.

Dogecoin (DOGE) has crossed the $0.21 mark, driven by speculation surrounding a possible victory for Donald Trump and Elon Musk's cryptic allusions. This spectacular surge illustrates the growing impact of American politics on the crypto market.

As Bitcoin ($BTC) broke its all-time high, in anticipation of Trump's election victory, some of the major altcoins started to outperform. Ethereum ($ETH), Solana ($SOL), and Sui ($SUI) are among the top movers.

Bitcoin (BTC) may soon be preparing for a major bullish surge, with key on-chain metrics hinting that it could be on track to hit $120K in the coming months. While the cryptocurrency has been trading in a bearish zone, recent insights from the MVRV (Market-Value-to-Realized-Value) ratio and the Pi Cycle Top indicator suggest that a trend reversal may be imminent.

The crypto market, along with Bitcoin, altcoins, as well as meme coins, has noted a strong rally today, amid a flurry of positive market developments. Amid this top crypto market experts shared bullish forecasts for the leading player in the meme coin space, Dogecoin price.

An economist has warned the crypto community about President-elect Donald Trump's promises to the sector during the campaign trail.

Bitcoin's new all-time high of $75,000 following Donald Trump's win in the 2024 US presidential election reflects heightened market optimism and anticipation of potential policy shifts favorable to digital assets. According to a report by digital asset custodian Copper.co, Bitcoin's upward trajectory may continue into the new year.

Binance exchange announced on Wednesday that it will delist certain crypto assets in BTC margin trading pairs. The changes affect Qtum and Venus margin trading, as well as, Contentos and Frax spot trading.

On-chain data shows the Bitcoin Difficulty has seen a third-consecutive increase in the latest network adjustment. Here's what this means for BTC.

Bitcoin's market dominance increased significantly in October 2024, while Ethereum faced volatility and strategic debates. The performance of Layer 1 platforms and memecoin trading dynamics also highlighted the month's crypto market activities.

No sooner than the U.S. elections turned in favour of the Democrats, the crypto space began to thrive. Donald Trump is the 47th President of the United States who admired Bitcoin and shared his plan to work for the betterment of the crypto industry.

Bitcoin recently set a new all-time high (ATH) of $75,337, largely fueled by Donald Trump's win in the U.S. presidential election. This political shift appears to have supported Bitcoin's momentum, while other cryptocurrencies, like Ethereum, have struggled to mirror this success.

TL;DR Bitcoin (BTC) reached a new all-time high of $75,000 on November 6, 2024, leading to the liquidation of over $286 million in short positions, causing a significant impact across the cryptocurrency market.

Bitcoin (BTC) price experienced higher volatility today following the confirmation of pro-crypto Donald Trump as the President-elect of the United States following the November 5 elections.

Recent figures reveal that the 12 spot bitcoin exchange-traded funds (ETFs) faced outflows totaling $116.9 million, making it a challenging session. Meanwhile, the nine ether ETFs remained in a steady state, showing neither gains nor losses during Tuesday's trading. Mixed Results for Crypto ETFs While bitcoin hit a new all-time high on Nov.

In a surprising move, a major Ethereum (ETH) whale recently sold 14,240 ETH worth nearly $37 million at a significant loss of $12.8 million. This transaction occurred as Bitcoin (BTC) reached a new all-time high (ATH), but Ethereum remains nearly 47% below its own ATH.

With Donald Trump projected to win the 2024 U.S. presidential election, investor appetite for risk-on assets, especially Bitcoin, has surged. Recently, Bitcoin “whales,” or large-scale investors, have shown significant interest, acquiring and withdrawing over 1,806 BTC, valued at $132 million, from Binance. This shift, flagged by Lookonchain on Nov.

Bitcoin ($BTC) smashed through its all-time high early on Wednesday and recorded a new high of $75,400. All this taking place as Donald Trump recorded a momentous win in the U.S. election.

The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 6, 2024. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.

Dogecoin's 28% surge mirrors the rise of speculative fervor driven by Donald Trump's early lead in the 2024 U.S. presidential race.

Dogecoin's price has experienced a significant rally, increasing by 25% in the last 24 hours, pushing it to a seven-month high. Currently trading close to $0.20, DOGE is inching toward a major resistance level that, if broken, could fuel further gains.

Memecoins are up today, fueled by positive sentiment following Trump's win in the US presidential elections.

While Bitcoin (BTC) attempted a breakout already as Americans were casting their ballots, the true rally came once President-Elect Donald Trump's lead in the electoral college started becoming overwhelming.

Crypto whales withdrew $133 million worth of Bitcoin from Binance on early November 6 amidst heightened volatility surrounding the US presidential election.

This unstoppable cryptocurrency is one of the best-performing assets in recent memory.

Anthony Pompliano, Professional Capital Management founder and CEO, joins 'Squawk Box' to discuss the state of crypto, impact of Trump's election victory on the industry, and more.

Donald Trump's recent win in the U.S. election has got the crypto market buzzing with greener candles on the charts. As a result, the market sentiments have turned to “Greed” from “Neutral” in just a few hours. The market cap of the industry has recorded a notable rise of 7.41% in 24 hours to $2.

In the wake of Trump's win, Bitcoin whales have ramped up their holdings, expecting positive market conditions under his presidency.

Balchunas believes that Bitcoin makes gold seem as conservative as a money market fund.

TL;DR Helio Pay has enhanced its Solana Pay integration on Shopify, now supporting Bitcoin, Ethereum, and various Layer 2 solutions, providing merchants with a broader range of cryptocurrency payment options.

Donald Trump has been elected as the 47th President of the United States, defeating his Democratic opponent Kamala Harris . Trump's victory propelled Bitcoin (CRYPTO: BTC) to a new all time high of $75,358 on Wednesday morning, driven by market excitement over the election outcome and expectations for a more favorable cryptocurrency policy under the new administration.

Ki Young Ju confirms that the likelihood of BTC climbing 30-40% from its current levels is very high.

Bitcoin-backed loans are rapidly emerging as a financial tool for institutional investors seeking innovative ways to leverage their digital assets. This year, Bitcoin's growing appeal as collateral is redefining the financing landscape, offering investors access to substantial liquidity without selling their assets.

The 2024 US presidential election has brought a new wave of optimism for the cryptocurrency industry, with former President Donald Trump re-elected as the 47th president. Known for his support of Bitcoin and blockchain innovation, Trump gained significant backing from the crypto community during his campaign by making substantial promises to bolster the sector.

Ethereum's netflows and Bitcoin's ATH hint at growing investor interest. As sentiment builds, will Ethereum follow Bitcoin's lead?

Bitcoin (BTC) whales appear to be offloading some of their holdings ahead of the closely contested 2024 US presidential election. 2% Fall In BTC Held By Whale Addresses In a post on X, crypto analyst Ali Martinez shared that Bitcoin whales – wallet addresses holding a significant amount of BTC – are “dialing back exposure” ahead of what is likely to be a very closely contested US presidential election.

The US election results are finally out with Donald Trump taking an insurmountable lead. He had promised to make the US a crypto-friendly nation.