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news-imageNovember 7, 2024

Crypto Price Analysis 11-7 BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, TONCOIN: TON, ARTIFICIAL SUPERINTELLIGENCE ALLIANCE: FET, COSMOS: ATOM, OPTIMISM: OP

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.
Publisher: Crypto Daily
Sentiment: Positive
ATOM
BTC

More News Articles

Positive
cover-imageAltcoin Buzz
November 7, 2024

Senator Lummis Proposes U.S. Bitcoin Reserve

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.

Positive
cover-imageBenzinga
November 7, 2024

Bitcoin Spot ETFs Hit $622M Inflows Following Trump Victory

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.

Positive
cover-imageThe Currency Analytics
November 7, 2024

Bitcoin Whales Accumulate $132M as 2024 Election Projections Boost Investor Confidence

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.

Neutral
cover-imageCoingape
November 7, 2024

Can US FOMC Hinder Bitcoin Price Rally To $100K?

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.

Positive
cover-imageCrypto Daily
November 7, 2024

Bitcoin ($BTC) consolidates at $75,000 - what next?

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?

Neutral
cover-imageThe Currency Analytics
November 7, 2024

Internet Computer Network Sees 13x Growth Driven by Bitcoin DeFi, But ICP Price Lags Behind

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.

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