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news-imageNovember 6, 2024

Bitcoin Rally Reaches All-Time High as Anticipation of the U.S. Election Spikes

Bitcoin (BTC) surged to new all-time highs on Nov. 6, surpassing the $73,800 level as excitement revolved around the result of the U.S. presidential election.
Publisher: CoinMarketCap
Sentiment: Positive
BTC

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cover-imageCryptoGlobe
November 6, 2024

MicroStrategy's $42B Bitcoin Plan Faces Major Hurdles, CoinShares Warns

MicroStrategy's recently announced “21/21 Plan” to invest $42 billion in Bitcoin over three years faces several significant hurdles, according to a new analysis from European digital asset investment firm CoinShares. On October 30, MicroStrategy Inc. (Nasdaq: MSTR) released its Q3 2024 financial results, highlighting both its latest Bitcoin acquisition strategy and challenges within its software business.

Positive
cover-imageCrypto Economy
November 6, 2024

Bitcoin (BTC) Reaches a New ATH!! How High Can It Go?

TL;DR Bitcoin reaches a new ATH, surpassing its previous high of $73,737.94 recorded in March 2024, driven by institutional interest and macroeconomic factors. Donald Trump's U.S. election victory, along with the “Trump Trade”, have boosted demand for BTC as a safe haven asset.

Positive
cover-imageCoinPedia
November 6, 2024

Bitcoin Hit New ATH $75,300: Here's Why Bitcoin is Surging

The ongoing U.S. presidential elections have sparked a major boost in the crypto market, with Bitcoin hitting an all-time high of $75,300—an 8% jump in just 24 hours! Over the past year, Bitcoin has more than doubled in value, proving it's becoming a trusted store of value.

Positive
cover-imageBitcoin
November 6, 2024

Riot's Monthly BTC Output Up by 23%; Company Calls October Production ‘New Post-Halving Milestone'

Bitcoin mining company Riot Platforms reported a 23% increase in bitcoin production in October, driven by increased hashrate and operational efficiency. Riot's Latest Financial Update Bitcoin mining giant Riot Platforms (Nasdaq: RIOT) recently announced that it mined 505 bitcoins (BTC) in October, a 23% jump from the 412 bitcoins mined in September.

Positive
cover-imageThe Currency Analytics
November 6, 2024

Bitcoin Poised for Breakout: Could a 30% Rally Be Coming This November

Bitcoin (BTC) has been stuck in a phase of consolidation recently, but signs are beginning to emerge that the world's most popular cryptocurrency is preparing for a breakout. As November approaches, Bitcoin's price remains just a stone's throw away from its all-time high, and analysts are closely watching for signs of a potential rally that could push the price higher by 30% or more.

Positive
cover-imageProactive Investors
November 6, 2024

Trump trade briefly brings bitcoin to record high

The world's largest cryptocurrency bitcoin soared past all-time highs on Wednesday as the ‘Trump' trade' took flight. Trump, who appears on the cusp of a US election victory, positioned himself as a pro-crypto candidate who will implement favourable policies for the decentralised economy.

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cover-imageAltcoin Buzz
November 6, 2024

Strike Launches Free Bitcoin Auto-Withdrawals

Strike is making it easier than ever for people to take control of their Bitcoin with a new feature: BTC Auto-Withdrawals This feature allows users to automatically transfer their Bitcoin to their wallet without lifting a finger. Best of all, it's free.

Positive
cover-imageCointribune
November 6, 2024

The New Withdrawal Of Bitcoin Investors Surprises The Market

The crypto community is witnessing an unprecedented phenomenon in the Bitcoin market: as the price reaches historic highs, long-term investors are showing unusual restraint in taking profits. This trend, which contrasts with previous cycles, could signal a new era of maturity for the crypto market.

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