Investor appetite for risk-on assets like Bitcoin is growing, with Donald Trump projected to win the US presidential election.
Numerous altcoins have charted double-digit price surges today.
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.
Bitcoin ETFs posted $116.8 million in inflows on US election day, despite Bitcoin's surge to $75,000.
This jump in price came as early election results showed former president Donald Trump with a strong lead in the U.S. presidential race. For many, BTC's big leap feels like hitting the jackpot, as it pushed past its last record of $73,800 set in March.
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.
The US will get a new President Donald Trump as his Polymarket winning odds soar to 99%
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.
Bitcoin reached a new all-time high above $75,000, fueled by election-driven optimism. A bullish moving average crossover and rising RSI suggest continued upward momentum.
The Bitcoin price surged to a new ATH just hours ago, coinciding with Trump's victory in the 47th U.S. presidential election. This unprecedented rise raises questions about Bitcoin's and the broader cryptocurrency market's future trajectory.
Today's trading session on the crypto market opened extremely positively, literally marking a new historical high for the price of the main cryptocurrency, Bitcoin (BTC). According to the quotes of the world's largest crypto exchange Binance, a new all-time high was set at $75,407.1 per BTC.
Tuur Demeester has faced crypto Twitter pushback for linking Bitcoin's (BTC) recent fortunes to the politician's second stab at the American presidency.
Santa Clara-based healthcare tech company Semler Scientific (SMLR) recently disclosed that it purchased an additional 47 Bitcoin (BTC), bringing its total holdings to 1,058 BTC. Semler Scientific Continues To Increase Its BTC Holdings Semler Scientific, a Nasdaq-listed healthcare manufacturer, announced that it bought an additional 47 BTC for $3 million.
The entire crypto market surged over 6% in tandem with Bitcoin price as whale investors rushed to trade the election-induced volatility.
The cryptocurrency market received an unprecedented boost after Donald Trump, a vocal advocate of the asset class, came to the brink of victory after winning the key battleground states of Pennsylvania, and North Carolina. What happened: The Associated Press declared Trump the winner at 2:24 a.m.
During the Election Day, "green" dominates the prices of cryptocurrencies led by BTC and ETH.
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.
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.
Anomaly during the night, with BTC making a great recovery despite the Dollar Index also rising.
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.
Bitcoin (BTC) has rocketed by almost 10% in the past 24 hours and has just set a new all-time high of $74,730, as Republican candidate Donald Trump took an early lead in the presidential elections.
Bitcoin price crossed the $74k mark on Wednesday as projections showed that Donald Trump was headed for a win. But high volatility is in play.
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.
Bitcoin achieved a new all-time high of $75,000 during the 2024 U.S. presidential election night as Donald Trump secured victories in key swing states.
A flurry of crypto market investors lauds the victor of Donald Trump in the US Election 2024, beating Kamala Harris. According to recent reports, the former US president secured a victory in the election, sparking market optimism over the Bitcoin price rally to $100K.
On Wednesday morning, Bitcoin reached a new all-time high of just over $75,000 on Binance, gaining over 10% within 24 hours.
Semler Scientific increased its bitcoin (BTC) holdings with the purchase of an additional 47 bitcoins for an aggregate amount of $3 million. This brought its total bitcoin holdings to 1,058 bitcoins for a total purchase amount of $71 million. Semler Scientific Expands Bitcoin Holdings Amid a Rise in Income Semler Scientific Inc.
Bitcoin, the world's leading cryptocurrency, recently displayed a significant pattern on its chart known as a “shooting star.” This technical formation, seen on Bitcoin's weekly chart, has caused some analysts and traders to reconsider their expectations for Bitcoin's upward momentum.
Bitcoin reaches a new historical record of $75,000 thanks to Trump's "upcoming" victory in the American presidential election!
Indicators like Bitcoin's Market Value to Realized Value (MVRV) ratio and hash ribbon “buy” signals show that the top crypto has very strong upward momentum.
The total value of liquidated positions has risen to $500 million on a daily scale.
Bitcoin analysts search for guideline support zones amid heavy election BTC price volatility.
On Nov. 5, BlackRock's spot Bitcoin exchange-traded fund, BITB, recorded its largest net outflow day since inception, with $44.2 million leaving the fund.
As the odds of pro-crypto presidential candidate Donald Trump significantly surged earlier today, the cryptocurrency market, led by Bitcoin (BTC) and Dogecoin (DOGE), registered a sharp uptick.
The iShares Bitcoin Trust (IBIT) saw a rare day of outflows before Bitcoin went on to hit a new all-time high.
The cryptocurrency market has experienced a bullish swing with the start of the Asian trading hours. The upswing has resulted in the total market cap rising by 10.68% to the $2.47 Trillion mark. This positive leg-up has come given Donald Trump leading the U.S. elections with 230 seats against Kamala Harris' 187 seats.
Crypto-friendly politicians are making significant gains in the ongoing US elections, with early results indicating strong support for candidates who advocate for digital assets. In the House of Representatives, 220 pro-crypto candidates have been elected, surpassing the 106 elected who are against crypto initiatives.
Election Night is here, and Bitcoin seems to be profiting from it now!
Almost $180 million in short positions in Bitcoin have been wiped as it hit a new all-time high, with an analyst saying it is “meaningful” that it is driven by spot demand.
Bitcoin's surge reflects increased investor confidence amid geopolitical stability and potential fiscal stimuli, impacting global financial dynamics. The post Bitcoin price hits new all-time high of $74,900 appeared first on Crypto Briefing.
After tapping the bottoms multiple times, the Bitcoin bulls have constantly pushed the price. As a result, the price has formed a new ATH at $75,000, which was largely expected. The rally has been fueled by the ongoing U.S. election results, mainly due to Donald Trump taking a lead against the Republican opponent, Kamala Harris.
Bitcoin just reached a new all-time high after struggling below the $70,000 zone over the past week. Bitcoin (BTC) is up 9.2% in the past 24 hours and is trading at $74,550 at the time of writing.
Trump has vowed to impose sweeping tariffs on Mexico and other trading partners.
Bitcoin market trend may be on the verge of a significant shift, according to a recent analysis shared by CryptoQuant analyst Percival. Percival described Bitcoin's current phase as “chopsolidation,” a term used to describe a period of minimal directional movement where price consolidation occurs without a clear trend.
Bitcoin successfully broke its previous all time high and reached a new peak at $75,656 according to Coinglass. The largest crypto surprised everyone when it took a sharp 9.4% rise in the last 5 hours. This is a big win for BTC as it missed the expected rise in October.
Bitcoin prices have tapped their highest-ever levels as Donald Trump leads in the United States presidential election vote count.
Bitcoin price nears $75,000 as Trump's early election lead boosts investor optimism, fueling hopes for a new all-time high in the crypto market. The post Bitcoin Price Nears $75,000 as Trump's Election Lead Sparks Hopes for New All-Time High appeared first on Cryptonews.