The futures market is signaling that the current Bitcoin rally, spurred by Donald Trump's recent election victory on Tuesday, might be starting. According to Vetle Lunde, head of research at K33 Research, the election's immediate aftermath has seen a “risk-on rotation” across derivatives, indicating a surge in investor confidence.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
BlackRock's iShares Bitcoin Trust ETF (IBIT) shot up to over $1 billion in trading volume within a jaw-dropping 20 minutes. This is the kind of volume you see with major sell-offs, but that's not what's happening here.
Trump's victory, broadly seen as a massive boon to the crypto industry, also sent bitcoin to an all-time high of above $75,000.
Are we witnessing a Dogecoin revolution? The second largest Proof of Work network hits over $13B in daily volume.
Trump's pro-crypto policies can likely to trigger sector-wide rallies in the upcoming months.
Bitcoin reaches a new all-time high of $75.4K, driven by US election dynamics. Market volatility surges as investors hedge positions in anticipation of further price movements.
Some analysts expect Bitcoin's price to surge following Donald Trump's Nov. 5 election win.
The rapid trading volume surge in BlackRock's Bitcoin ETF highlights growing institutional interest, potentially boosting Bitcoin's mainstream adoption. The post BlackRock Bitcoin ETF trades over $1 billion in first 20 minutes post-Election Day appeared first on Crypto Briefing.
A boost in Bitcoin's spot volumes and a classic chart pattern hint that $110,000 could be the next stop for BTC price.
Dogecoin (DOGE) surged by 20%, reaching $0.19 on November 6, as markets reacted to news of Donald Trump's return to the presidency.
Bitcoin surged to a new peak above $75,000 following Donald Trump's election victory—but BTC is doing what it normally does after the halving.
A combination of a Donald Trump win and Elon Musk's central role in his campaign have injected strong momentum could sustain DOGE price rally.
The crypto giant recently surged to a new high, driven by market excitement amid the ongoing election buzz.
According to Eric Balchunas, a prominent ETF analyst, BlackRock's iShares Bitcoin Trust ETF (IBIT) managed to record $1 billion worth of trading volume in just 20 minutes of trading.
Crypto markets cheered Donald Trump's win by pushing Bitcoin to a new all-time high above $75,000, signaling the start of the next leg of the uptrend.
Demand and institutional interest for Bitcoin erupt in the US amid Donald Trump's election victory.
Bitcoin hit a record high after Donald Trump won back the White House. The digital asset traded above $75,000 at one point.
The original and biggest meme coin, Dogecoin ($DOGE), is positively soaring today along with most leading cryptocurrencies after the pro-crypto Donald Trump was re-elected as the forty-seventh US President. In the last twenty-four hours, Dogecoin mushroomed 18% to trade at $0.2014. Considering Dogecoin grew 18.
With bitcoin staying solid above the $74,000 mark, a wave of long-dormant bitcoins from years past has suddenly come to life as the price edges higher.
Dogecoin (CRYPTO: DOGE) is forecasted to experience a major rally, bolstered by Elon Musk's role in Donald Trump's successful re-election bid. What Happened: Dogecoin is up 9% on the day, trading above $0.19 at the time of writing.
As digital assets continue to gain traction, the U.S. Congress could be on the verge of passing legislation that would reshape the landscape of crypto investments. Ahead of his appearance at the upcoming Benzinga Future of Digital Assets event, Anthony Rousseau, vice president and head of brokerage solutions product management at TradeStation, shared his thoughts on how specific regulatory changes could influence the future of digital assets.
The 2024 US presidential election is decided. Donald Trump will get a second term, defeating Kamala Harris.
Dogecoin and the Shiba Inu price have recorded double-digit rallies in the last 24 hours, up 25% and 10%, respectively. The foremost meme coins have witnessed these massive price rallies thanks to developments in the US election, which present a bullish outlook for them.
The world of cryptocurrencies has just taken a significant step forward in the digital payments sector: Solana Pay, the payment system initially built on the Solana blockchain, has expanded its support to include Bitcoin (BTC), Ethereum (ETH), and Layer 2 (L2) solutions.
A strange comeback was captured on-chain today, as a major Bitcoin (BTC) holder came back to life after nearly 12 years of inactivity. As first revealed thanks to a report from Whale Alert, 235 BTC, the equivalent of $17.43 million, came to life for the first time since March 2013.
Bitcoin (CRYPTO: BTC) surged to a new all time high of $75,358 on Wednesday during European trading hours, with market experts projecting further gains up to $120,000 amid expectations of crypto-friendly policies under Donald Trump ‘s presidency, according to multiple industry leaders. What Happened: Donald Trump has won the 2024 U.S. presidential election, defeating Democratic contender Kamala Harris.
As Bitcoin surges to a new all-time high, the words of its mysterious creator Satoshi Nakamoto have resurfaced, igniting reflection across the crypto community.
The price of Dogecoin (DOGE) continued its uptrend on Nov. 6 by breaking above the $0.18 resistance level. Price analysis by Coinidol.com.
TL;DR Bitcoin's record rally could continue, fueled by Trump's victory and a surge in futures demand. The spread between Bitcoin futures and spot market prices has reached record levels, with strong demand for leverage. Bitcoin-backed ETFs could see positive inflows in the coming hours, due to political clarity following the US elections.
Dogecoin has seen a remarkable surge, increasing by more than 20% and reaching highs of $0.2133. With Trump's win how high can the DOGE price go?
Almost all of the major coins are in the green zone today, according to CoinMarketCap.
A fascinating and predictable cycle in Bitcoin miner revenue provides information about general market trends. The four stages of each cycle are euphoria, capitulation, relief and bearish capitulation.
A new all-time high for bitcoin on U.S. Election Day has sent the market into peak euphoria with speculators looking to ride the bullish momentum. New All-Time High for Bitcoin Another bullish cycle for the crypto ecosystem could be on the horizon with bitcoin's (BTC) new all-time high (ATH).
Solana and Dogecoin trade at key levels following the US election results and are poised for a potential breakout, while XRP is building positive momentum at lower levels.
Veteran trader Peter Brandt has made a bullish prediction on dog-themed cryptocurrency Dogecoin (DOGE), which has sparked interest within the crypto community.
A closely followed crypto trader believes $80,000 is now the most significant level for Bitcoin (BTC). Pseudonymous trader The Flow Horse tells his 238,100 followers on the social media platform X that how Bitcoin handles a potential surge to around $80,000 may determine if the bull market continues.
Donald Trump's victory in the 2024 US Presidential election has sparked a surge of enthusiasm among cryptocurrency enthusiasts, especially regarding his promises for Bitcoin and the crypto industry. These promises have contributed to pushing Bitcoin's value beyond $75,000.
The US election has enormously affected the crypto industry as Bitcoin (BTC) and major altcoins reach new highs. BTC reached an ATH of $75,361 as Donald Trump became the president-elect.
The Bitcoin market has been very noisy in the early hours of Wednesday, as the market continues to see a lot of hope in the idea of a Trump victory being good for the crypto industry.
Bitcoin price surged past $75,000 following Donald Trump's election win, with the Bitcoin futures markets signalling strong bullish sentiment.
The crypto market continues to record an increase in leverage linked to Bitcoin, with a growing number of institutional investors and traders seeking to achieve amplified gains by exploiting the margin.
Bitcoin bulls wasted no time in celebrating after firebrand president-elect Donald Trump swooped to another shock victory in the US elections. The world's largest cryptocurrency soared past previous records to touch an intraday high of $75,400, marking one of the strongest single-day rallies in weeks.
Bitcoin hits an all-time high following Trump's election win. Will pro-crypto policies drive it to $100,000? Explore key insights and future price predictions. The post Bitcoin Surges to Record High as Trump Wins U.S. Election – Will It Reach $100,000 Soon? appeared first on Cryptonews.
Bitcoin (CRYPTO: BTC) surged to a new record high, touching $75,358 during early Wednesday trading in Europe and surpassing its previous peak of $73,737 from Mar. 14, as Donald Trump beat Kamala Harris to win the 2024 election. Although it later pulled back slightly to $73,879, the cryptocurrency maintained a strong 6.7% gain over the last day, according to CoinGecko data.
Bitcoin, the leading cryptocurrency, has become the ninth-biggest asset globally, according to the most recent data.
Hut 8 has announced an upgrade to its ASIC fleet with the purchase of 31,145 Antminer S21+ units at $15 per terahash.