Amid the heightened hype of the U.S. 2024 elections, which has seen pro-crypto presidential candidate Donald Trump lead in major polls, Bitcoin's (BTC) price has signaled short-term bearish sentiment. The flagship coin has dropped over 4 percent in the past seven days to trade above a crucial support level of about $68.

Defunct cryptocurrency exchange Mt. Gox transferred approximately 32,371 BTC, valued at around $2.19 billion, to unmarked wallet addresses on Monday evening.

Sebastian Serrano, CEO of the Argentina-based cryptocurrency exchange Ripio, has predicted that bitcoin will reach $1 million by 2030, driven by the rise of U.S. public debt and the devaluation of the U.S. dollar.

TL;DR Bitcoin ETFs in the U.S. saw substantial outflows of $541.1 million on November 4, 2024, marking the second-largest single-day outflow on record, just before the U.S. presidential election. The significant outflows reflect market caution as Bitcoin's price dipped to $68,000, with traders concerned about election-driven volatility and political dynamics.

Right now, as the US election unfolds, it's creating volatility for Bitcoin. Recent events show that the Bitcoin ETFs had one of their worst days in history, with a $541 million outflow just yesterday. This outflow created sell pressure, which caused a short-term dip in Bitcoin's price.

Bitcoin has been making waves in the crypto market lately, with its volatility soaring to levels not seen in three months. As the U.S. election looms, market observers are questioning what's behind this spike and whether it signals a rise in Bitcoin's price—or if the volatility could lead to sharp price drops.

U.S.-listed spot Bitcoin ETFs witness their second-largest single-day net outflows since trading began in January.

Bitcoin's maturity as a decentralized digital asset has spurred discussions on its role within national reserves, drawing interest from US policymakers. Bitcoin's evolution from an experimental asset to a recognized financial instrument provides new strategic avenues for economic stability, geopolitical resilience, and energy policy.

Traders are braced for the Fed and China to feed into a "perfect storm" for the bitcoin price in the fourth quarter

A company called Cartwright, which specializes in helping pension plans make smart financial choices, helped make this big decision. In October, an unnamed pension fund chose to put 3% of its money into Bitcoin.

Although the Bitcoin options market is experiencing low volatility, analysts expect the volatility structure to change before the end of the week.

As the U.S. election looms, crypto investors are bracing for potential turbulence that could jolt major tokens like Bitcoin and Solana. 10X Research, led by Markus Thielen, has pitched a strategic “pair trade” to help investors navigate this storm: go long on Bitcoin (BTC) and short on Solana (SOL).

Over $9.4 billion worth of Bitcoin was owed to approximately 127,000 Mt. Gox creditors for over 10 years.

The king coin's stellar performance was in stark contrast to ETH's.

The Bitcoin hashrate, on a seven-day moving average, hit a record high of 755 EH/s last week.

The recent activity from defunct crypto exchange Mt. Gox has ignite fresh waves of volatility for Bitcoin and the broader cryptocurrency market.

For institutional investors, Bitcoin-backed lending presents a compelling alternative to traditional fixed-income investments.

On Tuesday, the cryptocurrency market displayed mixed movements as investors eagerly awaited the U.S. presidential election outcome. Major cryptocurrencies like Bitcoin, Ethereum, BNB, Solana, and Toncoin saw declines of up to 6%. However, other tokens, including XRP, Dogecoin, Shiba Inu, Polkadot, and NEAR Protocol, experienced gains of up to 10%.

Investors withdrew $541.1 million from U.S. Bitcoin ETFs on Nov.4, making it the second-largest outflow day on record.

Right now, the Bitcoin market stands at $68,697.16. A recent post by crypto expert Captain Faibik on X reveals that the market recently broke above a descending wedge pattern on the weekly chart and is currently retesting the breakout. Let's see what insights we can grab from this.

Mt. Gox, the defunct crypto exchange, has transferred more than $2 billion worth of Bitcoin into two newly created wallets, according to data from Arkham Intelligence. Data from the blockchain analytics platform shows that Mt.

Cartwright, the renowned pensions advisor announced that it guided an unnamed retirement benefits scheme in integrating Bitcoin (BTC) in its investment portfolio.

Bitcoin ($BTC) is up 1.5% so far on a long-awaited US election day. However, after being definitively rejected from the all-time high only last week, Bitcoin bulls have a lot to do to bring the price back up again.

In a move that has sparked interest in the crypto community, 1,600 BTC, worth over $108,860,042, was transferred from an unknown wallet to an unidentified new wallet. This transaction was reported by Whale Alert, a popular blockchain tracking service that monitors large-scale cryptocurrency moves.

Daily transaction fees on Solana have cooled significantly from record highs reached last month, providing bearish cues to the SOL token.

As the US heads into a pivotal election, Elon Musk has once again managed to send Dogecoin (DOGE) soaring. The Tesla and SpaceX CEO has been actively advocating for his proposed Department of Government Efficiency (DOGE), on various platforms.

As major tokens bled red, Dogecoin (DOGE) jumped more than 12% while markets dipped ahead of the much anticipated US elections. The biggest crypto, Bitcoin (BTC), looked confused as its price hovered around the $69,000 price level.

Key metrics suggested that BTC might soon begin its journey toward $120k.

Digital assets traded in the red today as cryptocurrency enthusiasts remain skittish amidst the United States Presidential elections. Bitcoin price retraced towards the $68K mark, dragging the altcoin market lower over the past day. The bellwether token trades at $68,790 at press time, with bears signaling further declines before probable uptrends.

DOGE's price surge came after the latest Musk interaction.

Bitcoin is priced at $68,344, down 1.09%, with trading volume up 24.89%. U.S. 2024 election impacts market sentiment and ETF flows.

Mt. Gox transferred $2.2 billion worth of Bitcoin to new wallets on November 5, 2024, causing market volatility and a price drop below $68,000

The US spot Bitcoin ETFs registered a notable net cash outflow on Monday after recording more than $2.2 billion in cash inflows last week.

US Bitcoin ETFs experienced their second-largest daily outflow of $541.1 million on November 4, 2024, as investors adjusted positions ahead of the presidential election

Deutsche Telekom subsidiary partners with German bank to launch Bitcoin mining operation powered by surplus solar energy at RIVA Engineering facility.

Bernstein analysts predict different short-term Bitcoin price trajectories based on the U.S. presidential election outcome while maintaining a $200,000 target for 2025

Semler Scientific, Inc. (Nasdaq: SMLR), a developer of technology products for healthcare providers, appears to be following MicroStrategy's Bitcoin accumulation playbook, reporting continued BTC purchases alongside its third-quarter 2024 results. According to the firm's press release, it added 47 bitcoins since late August, bringing its total holdings to 1,058 BTC purchased for $71.0 million.

Bitcoin has once again slipped below the key $70,000 threshold, leaving many investors wondering whether this is a temporary setback or a signal of a more prolonged downward trend. The world's largest cryptocurrency was trading at $68,581 at the time of writing, showing a modest 0.3% increase in the past 24 hours.

A UK pension fund has become the first in the country to allocate 3% of its £50 million portfolio directly to Bitcoin, with the private key split among five institutions and Cartwright simultaneously launching a Bitcoin Employee Benefits scheme.

A recently emerged Bitcoin (BTC) price prediction has the crypto community worried as it points to a "shooting star" candle on Bitcoin's weekly chart, which could signal a bearish sentiment. The analysis shows that this candle has a big upper wick, which could mean that Bitcoin is about to reverse direction as it trades around its historical high.

Post-election price volatility could set the stage for Bitcoin's rally to a new record high above $73,800.

On Monday, the State of Michigan revealed substantial investments in cryptocurrency exchange-traded funds (ETFs) for Bitcoin and Ethereum in a 13F filing with the US Securities and Exchange Commission (SEC).

Bitcoin is back above $68.5k and takes a bullish stand today after a 6-day crash. The increased uncertainty in the market mainly fueled the downfall due to the US elections in 2024.

A Keystone resident lost $6,000 in bitcoin in a phone scam in which a scammer claimed the victim had missed jury duty. The scammer also attempted to steal another $4,000 in bitcoin but was stopped by county deputies. The incident, which occurred Oct.

Deutsche Telekom's tech arm, MMS, has partnered with Bankhaus Metzler, a traditional banking company, to introduce a novel Bitcoin mining project using excess renewable energy in Germany.

Bitcoin (BTC) investors are bracing for potential market fluctuations that could be more intense than usual. With Bitcoin currently trading at approximately $68,815, a slight rise of 0.63% in the past 24 hours, the crypto community is on high alert, anticipating volatility that may surpass typical rates.

MicroStrategy Inc. (NASDAQ:MSTR), a stock considered an alternative to Bitcoin (CRYPTO: BTC) investment, received a bullish signal from moving average (MA) technical indicators. What happened: According to the financial market analytics platform TradingView, nearly all of the simple and exponential MAs flashed a “Buy” rating for the stock, culminating in a net “Strong Buy” signal.