The total crypto market cap is well above $2.6 trillion after the most recent gains.

Under such a proposal, bitcoin would be established as a strategic reserve asset and the government could buy up to 5% of the cryptocurrency's total supply, the report said.

Trump's victory is expected to benefit both gold and bitcoin, with BTC set to get a further boost from MicroStrategy, JPMorgan analysts said.

BlackRock's IBIT set a trading record as Bitcoin ETFs bounced back with significant inflows, while Bitcoin itself climbed to $75,000.

The crypto industry saw a positive boost recently as the price of Bitcoin soared to a new all-time high (ATH). As reported by U.Today, Bitcoin jumped to $76,460.15 amid a sustained growth push over the past week.

Cathie Wood, the founder of asset management giant Ark Invest, supported Sen. Cynthia Lummis' (R-Wyo.

Bitcoin reached a new all-time high of $75,358 following Trump's re-election announcement, before settling at $74,037 amid mixed technical indicators and analyst predictions.

Although the Bitcoin (BTC) price made new all-time highs (ATH) today, there could be more gains for the cryptocurrency's future price trajectory.

Here's what the legendary Bitcoin Market Value to Realized Value (MRVRV) Ratio says about whether Bitcoin is currently overheated or not. Bitcoin MVRV Ratio Has Risen Alongside The Latest Rally In a CryptoQuant Quicktake post, an analyst has discussed about the MVRV Ratio of Bitcoin.

If you are thinking about investing in Bitcoin, keep your focus on its long-term outlook.

The cryptocurrency market surged today as news of Donald Trump's US election win sent ripples through the digital asset world. Bitcoin (BTC) briefly hit a new all-time high of $76,000, boosting overall investor sentiment.

BTC price targets already include $100,000, with Bitcoin traders bracing for more volatility around the Fed interest rate decision.

Bitcoin has surged past $76,000, sparking “Extreme Greed” among investors, as revealed by the Crypto Fear & Greed Index. This high level of greed signals strong optimism but also warns of a potential market correction.

Bitcoin's meteoric rise to $75,000 has propelled Open Interest (OI) to a record-breaking $45.41 billion, marking a 13.29% surge since November 5. The post Bitcoin Open Interest Hits Record High Amid $75,000 Rally, Analysts Bullish on Further Upside appeared first on Cryptonews.

Cryptocurrency investors have poured more than $200 billion into different digital assets in the last 24 hours after Trump's victory in the just-concluded U.S. elections. Major digital currencies have surged impressively since the elections, with Bitcoin recording a new all-time high.

The ratio surged 12% Wednesday as the pro-crypto Republican candidate Donald Trump won the U.S. presidential election.

Bitcoin's growing dominance in the financial landscape continues to capture the attention of financial experts, with Anthony Pompliano, a longstanding advocate of cryptocurrency, offering an insightful analysis of its potential advantages over traditional assets like gold. Pompliano, the founder of Pomp Investments, recently discussed Bitcoin's emerging role in the economy, particularly in light of the continued depreciation of the U.S. dollar.

Another ATH was recorded yesterday on the wave of the American elections and in anticipation of FOMO.

Bitcoin has experienced a notable surge in price, reaching an all-time high of $75,358 following the announcement that former US President Donald Trump has been reelected, becoming the 47th President of the United States. So far, the asset's value has seen a nearly 10% spike in the past day before experiencing a slight correction, trading at $74,037 at the time of writing—a decline of approximately 1.1% from its peak earlier today.

Although the Bitcoin price rally has paused above $75,000 a day after Donald Trump's victory, altcoins have continued their strong show with the Ethereum price taking the lead with 11% gains all the way to $2,850 levels. Investors have a lot of questions as to does this mark the beginning of the much-awaited altseason moving

US spot Bitcoin exchange-traded funds (ETFs) saw a dramatic turnaround on November 6, drawing in approximately $622 million in net inflows The post US Spot Bitcoin ETFs Rebound with $622M Inflows, Breaking Three-Day Losing Streak appeared first on Cryptonews.

Semler Scientific, a technology company specializing in products and services aimed at combating chronic diseases, has significantly expanded its cryptocurrency portfolio with the purchase of an additional 47 bitcoins (BTC) for a total of $3 million. This move brings the company's total bitcoin holdings to 1,058 BTC, which has been acquired at an aggregate cost of $71 million, including transaction fees and other costs.

Democratic candidate Kamala Harris has conceded her defeat in the US election, marking the beginning of a new era led by Republican leader Donald Trump, who has secured at least 295 electoral votes as against Harris' 226.

NBA star Scottie Pippen's "dream encounter" with Bitcoin (CRYPTO: BTC) creator Satoshi Nakamoto failed to hit the bull's eye, as the leading cryptocurrency gained but didn't gain enough on election day. What happened: Widely regarded as one of the greatest players in NBA history, Pippen is a known celebrity advocate of Bitcoin and actively uses his social media presence to promote the cryptocurrency.

Bitcoin approaches $75,000 as Trump's pro-crypto stance fuels market enthusiasm. Crypto stocks and altcoins rise, with optimism around potential regulatory easing. The post Bitcoin Nears $75,000 as Trump's Pro-Crypto Stance; What's Ahead? appeared first on Cryptonews.

The Federal Reserve is about to announce a 25-basis-point rate cut, likely bringing rates down to the 4.5%-4.7% range. But since everyone's already expecting this move, it might not make waves on its own. The real buzz will come after Fed Chair Jerome Powell speaks about how he sees President-elect Trump's economic plans playing out.

Bitcoin has surged by 7.7% in the last 24 hours following Donald Trump's win in the US election. This victory has sparked a positive market reaction, with BTC breaking above its all-time high and reaching new price levels, fueling excitement among investors.

Spot Bitcoin exchange-traded funds in the U.S. recorded $621.9 million in net inflows on Nov. 6 as Bitcoin reached an all-time high of over $76,000.

The 12 spot bitcoin ETFs traded over $6 billion on Wednesday, marking their highest daily total since March.

Key Points:

Bitcoin recently broke its previous ATH at $73,800 and made a new at $75,000. Currently hovering around $74,926, BTC does not show any chances of retracing back. The crypto community has one question, is it done or will it climb further? Let's dive into the analysis and see what market experts are talking about.

The price of Ethereum (ETH), the flagship altcoin, has surged by more than 10% over the past 24 hours. It is currently trading at $2,840 after giving up some gains, according to CoinGecko data.

The crypto market continued its upward surge, posting a strong 7.41% increase over the past 24 hours and lifting the global market cap to an impressive $2.46 trillion. Trading volumes soared by an astounding 128.03%, touching $192.7 billion.

The fear of further cryptocurrency selloff in the near term has significantly diminished as Bitcoin (BTC) price closed the daily candle above $75.6k for the first time since its inception.

Bitcoin prices have notched another new peak in the wake of Donald Trump's presidential victory in the United States.

The crypto markets have entered a strong bullish range after the historical win of Donald Trump as he became the 47th president of the state. This move was extremely important as the markets consolidated, maintaining less volatility just before the elections and breaking out of the zone soon after the results.

Binance has announced it will be removing certain cryptocurrencies from BTC margin trading pairs starting November 7.

Activity on the Chainlink blockchain is rising, which could further fuel gains.

After Trump's election victory, Blackrock's IBIT realized an exponential increase in trade volume, with over $4.1 billion traded on November 6.

Despite BlackRock's setback, the resilience of Bitcoin ETFs highlights growing investor confidence and potential for future market expansion. The post BlackRock records largest single-day outflow, but Bitcoin ETFs still post $622 million gains appeared first on Crypto Briefing.

Following the resounding victory of pro-crypto candidates in the United States Senate, House of Representatives and the POTUS, Bitcoin (BTC) price has gained notable bullish momentum. The next United States administration's high expectations have significantly shifted the cryptocurrency market's dynamics around the market.

Peter Brandt, one of the most prominent commodity traders, has predicted that the Bitcoin price is going to peak at $150,000 around next August.

Bitcoin marks a new ATH above $76,000, the most expected event after Donald Trump's win in the U.S. presidential elections. Meanwhile, the Ethereum price, which usually follows the top crypto, ascended with less volatility.

Lower interest rates reduce borrowing costs, increase consumer spending, and make traditionally safer investments like bonds less appealing.

Bitcoin markets rallied sharply today, sending the world's most popular digital currency to a fresh high after Donald Trump won his reelection bid.

A crypto sentiment tool signaled a warning as market sentiment showed “extreme greed” after Bitcoin exceeded $76K following Trump's election win. The post Crypto Sentiment Gauge Reveals ‘Extreme Greed' Following BTC's Record $76K Surge appeared first on Cryptonews.

U.S. Senator Cynthia Lummis, famously called the “Crypto Queen,” has a big plan in mind: she wants the U.S. to build a Bitcoin reserve. Lummis believes this bold move could boost America's economy by treating Bitcoin as a new kind of financial asset.