Dogecoin (DOGE) saw a substantial 19.8% surge to reach $0.2016 early Wednesday, as news Donald Trump securing a second term rippled across markets.
During one of the many tense nights of 2024 – the one between November 5 and November 6 – the world's premier cryptocurrency, Bitcoin (BTC), found its new all-time high (ATH).
Cryptos surge on US Election Day – Discover Key Price Levels, Drivers Behind the Rally, and What's Next for These Top Cryptos.
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.
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.
Bitcoin rose just above $75,000 overnight as election results were coming in from America with it currently trading at $73,500.
Bitcoin rose just above $75,000 overnight as election results were coming in from America with it currently trading at $73,500.
Ripple CEO Brad Garlinghouse shared his excitement about pro crypto candidates winning in the US election. From his X account he shared the data from Stand with Crypto stating that the crypto voter has spoken decisively tonight.
BTC hit a new record high, marking its second ATH within the year.
On Monday, spot Bitcoin exchange-traded funds (ETFs) registered their second-largest single-day net outflow since their launch in January. The crypto-based investment products saw their second consecutive red day before the US elections, ending a seven-day positive streak.
The price of the flagship cryptocurrency Bitcoin ($BTC) surged overnight to a new all-time high as Republican presidential candidate Donald Trump secured key victories in swing states in the US election and is considered likely to become the country's next president.
Bitcoin dominance approached 61% with Solana dominance also primed to touch record high.
According to Fox News and AP News, Donald Trump is projected to win the 2024 US Presidential Election as of November 6, 10 A.M. GMT. In response, Bitcoin surged to a new all-time high of $75,264.76, with market participants anticipating implementing Trump's crypto-friendly policies.
Ethereum has found it difficult to keep up with Bitcoin, which has surged to record highs in recent weeks. Ethereum has maintained a descending price channel, indicating a more muted performance, while Bitcoin has garnered attention with its spectacular rally.
XRP is the talk of the city right now. It is definitely one of the most sensational cryptocurrencies. Ripple's ongoing legal battle with the SEC ensures that XRP commands considerable attention. In the last seven days, XRP has surged by at least 1.2%.
In an unprecedented move, a UK pension fund has taken the bold step of allocating 3% of its assets to Bitcoin, marking one of the first instances of cryptocurrency adoption by a British retirement fund.
On-chain data shows derivatives exchanges have just received large Ethereum deposits, something that could lead to volatility in ETH's price. Ethereum Exchange Netflow Has Seen A Sharp Positive Spike Recently As explained by an analyst in a CryptoQuant Quicktake post, the Exchange Netflow for ETH has registered a large spike recently.
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.
Following the announcement of Donald Trump as the next US President, Dogecoin (DOGE) led the meme coin sector with a 28% gain.
Ethereum has broken above $2,500 after finding support at $2,350, showing positive technical indicators while facing resistance at $2,580 and $2,620 levels.
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.
“There is going to be a media frenzy about Elon and how his aggressively backing Trump and the 'Department of Government Efficiency' narrative could have been a deciding factor for a Trump win,” one trader said.
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.
Solana made a big leap, climbing 17% to hit $188. This pushed it above Binance Coin (BNB), making it the fourth-largest cryptocurrency by market cap. On the other side, Toncoin's ranking slipped, moving down from the 9th to the 11th spot.
The altcoins long/short ratio has crossed above 1.07, indicating a clear bullish bias among traders.
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.
Almost 90% of all DOGE investors are currently sitting on some paper profits.
SOL's market capitalization has outperformed BNB's, claiming the fourth position among the top largest cryptocurrencies by market cap. According to live data from CoinMarketCap, Solana's SOL has performed impressively in the last 24 hours, recording a gain of 15.41%.
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.
Dogecoin reached $0.21 during Election Day 2024, driven by Trump-Musk mentions of a potential "D.O.G.E." government department and overall crypto market strength led by Bitcoin's new all-time high of $74,504.
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.
Ripple's (XRP) market cap rose but could soon lose its stop to Dogecoin (DOGE) if both cryptocurrencies continue to keep up with the recent performances. Over the last 24 hours, XRP's price has increased by 5.20%, while DOGE jumped by 22%.
The entire crypto market surged over 6% in tandem with Bitcoin price as whale investors rushed to trade the election-induced volatility.
Ripple CEO Brad Garlinghouse joins the crypto community to celebrate crypto candidates' victory and Donald Trump's win in the 2024 presidential election. This has set the stage for crypto regulatory clarity, stablecoin regulation, Operation Choke Point 2.0 end, and the conclusion of US SEC attacks against crypto including the Ripple vs SEC lawsuit.
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.
Ethereum (ETH) stands at a critical turning point, with opinions split on its future performance this cycle. Some analysts argue that ETH will continue to lag, possibly underperforming against other assets like Bitcoin, which has shown strong momentum.