Bitcoin price seems to be a clear signal to keep an eye on today as the US election unfolds. As the election voting began, the price of Bitcoin is nearing the $70,000 mark.
Could the inflows into BlackRock's Bitcoin ETF indicate a broader shift in investor sentiment towards Bitcoin ETFs?
Trump poll leads with 210 electoral votes, boosting confidence in his candidacy.
Bitcoin reached a new all-time high of $75,100 early Wednesday, marking another historic moment for the cryptocurrency. Positive market cues over the last 24 hours supported the rise despite a generally bearish week.
Bitcoin (BTC) just hit a new all-time high of $74,504 as Donald Trump's odds of winning the presidency surge on betting sites. The online betting site Polymarket now has Trump at a 92.2% chance of winning the election. At time of publishing, NBC News projects Trump has secured 210 electoral votes, with Harris securing 91.
Bitcoin has reached a new all-time high of $75,242 as Republican candidate Donald Trump takes an early lead in the polls, with 95 wins out of the 135 electoral votes counted so far.
In a historic night for crypto markets, bitcoin has blown past its previous all-time high (ATH) numbers, reaching $75,000 on several exchanges. This price action comes on the heels of several favorable announcements supporting the possible victory of former President Donald Trump in the U.S.
Bitcoin's recent surge past $74,000 is a clear manifestation of market sentiment and broader economic expectations, particularly in light of the current U.S. presidential election. This move is not simply a technical price rally but a direct response to the increasing momentum behind Donald Trump's campaign.
The Bitcoin (BTC) price just surged to new record highs above $75,000, as confidence grows that pro-crypto ex-US President Donald Trump is on course to secure victory in the 2024 US Presidential election. The post Bitcoin (BTC) Price Hits New All-Time Highs as Traders Bet on Trump Election Victory appeared first on Cryptonews.
As US election results started rolling in, Bitcoin surged to a new record, breaking $75,000 at 3:08 UTC and signaling strong investor sentiment tied to Republican candidate Donald Trump's crypto-friendly platform.
The total crypto market cap rallied over 5 percent in the past 24 hours, led by Bitcoin (BTC), to hover around $2.51 trillion on Wednesday, November 6, during the early Asian session. The flagship coin surged over 6.9 percent in the past 24 hours to reach a new all-time high (ATH) of above $74.
With the BTC price above the $73,800 mark, the biggest cryptocurrency has registered a new all-time high. After eight long months, the largest cryptocurrency in the world is now trading at prices higher than ever. As bullish momentum increases, the market anticipates the rally reaching a new peak at $90,000.
Bitcoins volatility has hit a quiet period as traders await the outcome of the US election. Bitfinex analysts describe it as a calm before the storm, with lower volatility signaling market caution and potential for significant price action once results come in.
Bitcoin reached an all time high of above $74,400 today as Donald Trump leads Kamala Harris. The post Bitcoin Price Skyrockets to New All-Time High of $74,400: Is $100,000 Next? appeared first on Cryptonews.
In the lead-up to the United States election, Bitcoin's price movements have become increasingly intertwined with the presidential race, according to a pair of crypto executives. On Oct. 30, Bitcoin stormed above $70,000 for the first time since June, nearly tearing past its all-time high of $73,750, before stopping just short.
Trump's odds of election victory are up to 79% according to crypto bettors.
Bitcoin has gained nearly 70% year-to-date as the market processes Donald Trump's early lead in the 2024 presidential election.
With $2.2 billion in Bitcoin now transferred out, Mt. Gox may be closer to repaying long-awaiting creditors, sparking concerns about possible selling pressure on Bitcoins price.
Bitcoin surged to a record high in Asia trade as investors leaned towards Donald Trump winning the U.S. presidency.
Economist Alex Krger posits that Bitcoin may never drop below $60,000, with market anticipation building around a post-election rally. Analysts predict that this political momentum could push Bitcoins value higher by 2024, reinforcing the possibility of a strong price floor for the cryptocurrency.
Part of BTC's spike could be attributed to a $94 million liquidation of bearish or hedged bets against the asset, Coinglass data shows, as Trump leads in early voting.
Bitcoin just topped its previous peak price from March in the latest surge amid strong ETF demand and a crypto-tinged U.S. election ahead.
Bitcoin has broken past the $73,800 mark for the first time since March 13, briefly tapping $75,000, as election results give Donald Trump an early lead.
Bitcoin has broken past the $73,800 mark for the first time since March 13, as the battle to become the next United States president rages on.
The price of Bitcoin, the largest cryptocurrency, hit a new all-time high of $75,080 at 3:08 UTC on the Bitstamp exchange.
One market analyst said there's “no reversal in sight” for Ethereum's value against Bitcoin.
Leading cryptocurrencies jumped as polls began to close in the high-stakes presidential election between Donald Trump and Kamala Harris. Cryptocurrency Gains +/- Price (Recorded at 8:30 p.m.
XRP rises as Trump leads early; SEC implications may pave the way for a US XRP-spot ETF.
In a notable transaction, a large holder of Bitcoin—referred to as a “whale” in crypto circles—moved 1,600 BTC, valued at over $108 million, from one undisclosed wallet to another. Blockchain monitoring service Whale Alert flagged this transfer, immediately drawing attention from Bitcoin analysts and enthusiasts who are now speculating on what this could mean for the market.
The Linux Foundation has closed the historic Bitcoin Mailing List, prompting Bitcoin Core developers to move it to Google Groups for continued support.
Bitcoin rose 4.3% to $71,450 amid the US presidential election, with its 2024 gains surpassing traditional assets.
The dollar rallied broadly on Wednesday as early exit polls in the extremely close U.S. presidential election appeared to give an edge to Republican Donald Trump.
The Bitcoin (BTC) price is probing $71,000 as early US Presidential election results roll in and suggest ex-President Donald Trump is performing well, boosting his odds of clinching the presidency on betting markets. The post Bitcoin (BTC) Tests $71,000, Eyes All-Time Highs as Early US Election Results Bolster Trump Victory Odds appeared first on Cryptonews.
Bitcoin is entering what many consider the most pivotal week of this market cycle, not due to the looming U.S. election or the Federal Reserve's upcoming interest rate decision, but because it's on the brink of breaking all-time highs.
Memecoins DOGE and SHIB have outperformed on US election day as US citizens cast their ballots.
Bitcoin recent price movements amid the US presidential election 2024 have led to its price currently standing at around $69,092, following a drop below the $70,000 level last week. This relatively low volatility has marked a calm period for Bitcoin, allowing it to stabilize in the $68,000 to $69,000 range over the past few days.
A break in the bullish structure of the BTC.D would be an early sign that the altcoin season is arriving.
Bitcoin miners could be squeezed out by deep-pocketed tech giants that can outbid them for prime power sources.
An expert analyst is stirring up the debate over XRP's investment potential compared to Bitcoin. JayDee, a well-followed market analyst, has firmly stated that anyone who believes XRP is a better investment than Bitcoin is “out of their minds.
EigenLayer, Ethereum's largest restaking platform, introduces Bitcoin restaking options, including yield opportunities for Wrapped Bitcoin.
Bitcoin exchange-traded funds (ETFs) experienced their largest single-day outflows ever, with a staggering $580 million pulled from these investment products. This massive withdrawal marks a significant shift in investor sentiment, raising questions about the current state of the cryptocurrency market and what might lie ahead for Bitcoin and other crypto assets.
Around $68,685, the price of Bitcoin is beginning to show indications of a possible reversal, suggesting a fresh upward trend toward or perhaps above the $70,000 mark. Following resistance close to recent highs, Bitcoin has consolidated steadily, indicating that buyers may regain control for a bullish continuation.
On-chain data shows the Bitcoin long-term holders have started a phase of distribution recently. Here's what this could mean for BTC's price.
Less than a day before the polls closed in the United States, crypto analysts continued to offer their two cents on the future of Bitcoin and cryptocurrencies. For example, many Wall Street analysts say wild BTC market prices will continue after the elections.
Semler Scientific, a medical device company based in Santa Clara, is making headlines with its strategic pivot towards Bitcoin. Following a recent acquisition of 47 BTC in the third quarter of 2024, the company now holds a total of 1,058 BTC, equivalent to approximately $71 million.
Wallets associated with the now-defunct cryptocurrency exchange Mt. Gox have nived around $2.19 billion worth of the flagship cryptocurrency in a move that could bring relief to more of its thousands of creditors. According to on-chain cryptocurrency analysis firm Spot On Chain, Mt. Gox moved 31,371 BTC worth around $2.
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