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news-imageNovember 6, 2024

Bitcoin's Current Price Action Sets Stage For 30% Rally, Says Crypto Analyst

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.
Publisher: NewsBTC
Sentiment: Positive
BTC

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Positive
cover-imageCoinPedia
November 6, 2024

Bitcoin Hits New ATH, Crosses $73,800 as Trump Leads US Elections!

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.

Neutral
cover-imageThe Currency Analytics
November 6, 2024

1,600 Bitcoin Shifted to Secret Whale Wallet—What's Behind the Big Move

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.

Positive
cover-imageCryptonews
November 6, 2024

Bitcoin (BTC) Tests $71,000, Eyes All-Time Highs as Early US Election Results Bolster Trump Victory Odds

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.

Negative
cover-imageThe Currency Analytics
November 6, 2024

Bitcoin ETFs See Record-Breaking Outflows as Investor Sentiment Wavers

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.

Positive
cover-imageUToday
November 6, 2024

Pivotal Bitcoin (BTC) Price Reversal at $68,685, Shiba Inu (SHIB) Recovery Begins, Dogecoin (DOGE) Bull Market Comeback Secured

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.

Positive
cover-imageCryptoSlate
November 5, 2024

Ethereum Foundation's Josh Stark highlights ETH's ‘hardness' as it hits 3-year low against Bitcoin

Ethereum Foundation contributor Josh Stark highlighted Ethereum's (ETH) “hardness” as its defining quality in the digital economy, emphasizing its ability to provide unmatched predictability and immutability for decentralized applications. Stark argued that these qualities make Ethereum a resilient foundation, setting it apart from other blockchains and traditional institutions.

Positive
cover-imageBitcoin
November 5, 2024

MARA Reports 2% Increase in Bitcoin Mining for October 2024; Transaction Fees Account for 5% of Total Production

MARA (NASDAQ: MARA) has released its unaudited Bitcoin production update for October 2024, reporting a total production of 717 Bitcoin, which represents a 2% increase compared to the previous month. The company's energized hash rate increased by 14% to reach 40.2 EH/s, marking the highest production month since the Bitcoin halving event in April.

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