She said that when the next Congress starts, with Republicans in control, they plan to build a strategic Bitcoin reserve. This is exciting news for Bitcoin fans, as it could mean the U.S. government will hold a large amount of Bitcoin as part of its official reserves.

Fidelity bought $308 million worth of bitcoin on Wednesday as price reached a new all time high above $76,000.

Following Donald Trump's election victory, Bitcoin spot ETFs recorded $622 million in inflows on Nov. 6 amid expectations for a more crypto-friendly environment under the new administration. What Happened: The Fidelity ETF (CBOE: FBTC) led with $309 million, while Bitcoin spot ETFs overall recorded a daily turnover of $6.07 billion—the highest since March, according to data from SoSo Value.

The cryptocurrency market is filled with excitement after Bitcoin surged to a new all-time high, reaching $76,200. Many are speculating that former President Donald Trump's recent victory in the U.S. presidential election could be the catalyst for Bitcoin and other cryptocurrencies to soar even higher.

Bitcoin whales—large investors with substantial holdings—are stepping up their acquisitions, adding over $132 million worth of Bitcoin in the wake of projected results from the 2024 U.S. presidential election. Anticipation of a Trump victory has stirred optimism in risk-on assets like Bitcoin, drawing in high-profile investors as the cryptocurrency market leans bullish.

Data shows the cryptocurrency derivatives market has suffered a large amount of liquidations following Bitcoin's rally to its new all-time high (ATH).

With Donald Trump now elected as the next U.S. president, market sentiments have turned positive as experts foresee Bitcoin crossing major benchmarks by 2025. Moreover, JPMorgan analysts envision a strong outlook for both gold and bitcoin.

While Bitcoin (BTC) bulls are eyeing a new all-time high, Ethereum (ETH) is poised near $2,800 and Solana (SOL) is above $188. There is also notable attention on top DeFi tokens – including Uniswap (UNI), Aave (AAVE) and Ethena (ENA). Here's a wrap for the crypto market during the Asian hours on Nov.

TL;DR Bitcoin Surges Past $75,000: Following Donald Trump's election victory, Bitcoin's price jumped nearly 8%, reaching over $75,000, as investors anticipate a favorable regulatory environment for cryptocurrencies under his administration.

Samson Mow, a Bitcoin maximalist and CEO at the JAN3 company, has published a tweet that shares an optimistic take on the Bitcoin price's near future.

The crypto market now eagerly awaits the US FOMC and Fed Chair Jerome Powell's speech as optimism soars after Donald Trump's presidential win. The investors are betting towards a 25 bps Fed rate cut later today, with many anticipating these developments to send Bitcoin price to $100K soon.

TL;DR On November 6, 2024, Spot Bitcoin ETFs saw a significant surge in inflows, totaling $622 million, marking a record daily turnover of $6.07 billion, led by BlackRock and Fidelity. BlackRock's iShares Bitcoin Trust (IBIT) set a new record with a daily trading volume exceeding $4.

Bullish momentum continues to dominate BTC's price chart.

A number of analysts believe Ethereum is more than ready for a monster rally, and predict ETH could reach $5,000 or even $8,000 next year.

As the market pauses to catch its breath, the $BTC price is currently consolidating around the $75,000 price level. With a marked positive change towards Bitcoin about to be implemented, as the new Trump administration begins its tenure in January, could $BTC surge into the end of the year?

According to James Butterfill, CoinShares' Head of Research, Donald Trump's administration is expected to create a more supportive environment for Bitcoin's growth and adoption.

Markets are bracing for post-election volatility, which may take Bitcoin as high as $100,000 before 2025.

Markets are bracing for post-election volatility, which may take Bitcoin as high as $100,000 before 2025.

BlackRock's iShares Bitcoin Trust registered $4.1 billion in volume traded as bitcoin broke out to all-time highs.

Just as Donald Trump seized a decisive victory for the Republican party yesterday, the crypto community is now looking forward to the United States building a Bitcoin strategic reserve. During his election campaign, Trump actively backed BTC and even floated the idea of holding it as a reserve and writing Bitcoin cheques to reduce the

Widely followed analyst Benjamin Cowen is issuing a warning on Bitcoin (BTC) as the flagship crypto asset trades near its all-time high. In a new video, Cowen tells his 820,000 YouTube subscribers that Bitcoin could turn bearish around one month after the US general election.

The Internet Computer Protocol (ICP), the blockchain network designed for high-speed decentralized applications, has experienced a monumental rise in network activity, with its growth primarily driven by the expansion of its Chain Fusion interoperability protocol. However, despite the impressive rise in its ecosystem activity, the price of ICP has remained largely muted, following a broader market trend of consolidation in the latter half of 2024.

After Struggling for the last six months bitcoin price has finally hit the ATH and touched the $76,200 mark after Donald Trump's election win. Meanwhile, experts predict that the next few months in the crypto market are about to get wild.

Bitcoin (BTC) surged to a new all-time high following Donald Trump's resounding victory in the US presidential elections. BTC surged to $76,460 hours following Trump's victory, as the crypto market surged to new highs.

Following Donald Trump's victory in the US presidential election against Vice President Kamala Harris, optimism is surging in the cryptocurrency market. Analysts are now projecting that Bitcoin could reach new heights of $100,000 before the presidential inauguration, which is just over two months away.

With Donald Trump elected as the 47th president of the United States, the prospect of establishing a national Bitcoin reserve is gaining momentum.

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

In the last 24 hours, the crypto exchange Binance has recorded record withdrawals in Bitcoin amounting to over 9,000 BTC.

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.

Senator Cynthia Lummis is making a bold new proposal to establish a Bitcoin reserve in the US. This follows President-elect Donald Trump's recent declarations in the run-up to the US elections.

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.