The Bitcoin market is in a highly bullish phase, with many believing it could soon cross the $100K milestone. Investors are riding a wave of optimism as Bitcoin has surged by 45.65% since November 5, while the Altcoin market has seen an equally impressive rise of 46.57%.
Bitcoin hit a record high above $100,000 on Thursday as the election of Republican Donald Trump as U.S. president fuels expectations that his administration will usher in a friendly regulatory environment for cryptocurrencies.
Bitcoin price has surged beyond the $100k mark at the time of writing and is up by more than four percent in the last 24 hours. As Bitcoin has now crossed $100K, it's likely altcoins will take a break.
The early November election of crypto-friendly Donald Trump restarted what had been a stalled rally through much of 2024.
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Bitcoin has hit $100,000, after a phenomenal rally spurred by crypto-friendly Donald Trump's win and institutional adoption of the asset.
Bitcoin has hit $100,000 for the first time, marking a monumental achievement in the cryptocurrency market. This milestone pushes Bitcoin's market cap to $2 trillion and contributes to the broader cryptocurrency market reaching a new all-time high of $3.59 trillion.
Ripple's XRP has faced some volatility recently, with its price dropping by over five percent, currently trading at around $2.56. After reaching a high of $2.82 earlier, the token saw a price reversal.
Bitcoin price started a fresh increase and tested the $100,000 level. BTC is now showing many positive signs and might continue to rise.
Bitcoin rose above $100,000 for the first time on Thursday as the election of Republican Donald Trump as president of the United States spurred expectations that his administration will create a friendly regulatory environment for cryptocurrencies.
This is a historic day that will be cemented in history.
The cryptocurrency market has been booming since Trump's victory in the US elections. Bitcoin has reached $99k and is now approaching $100k. While many of the top 100 coins have seen some gains, only a few have been rallying strongly. While coins like XRP and ADA are up, Gala has been showing impressive performance.
Bitcoin has rallied 126% since January to reach $100,000, driven by Bitcoin ETF demand, April's halving and Donald Trump's US election win.
Putin declared bitcoin unstoppable, calling cryptocurrency the future of global finance as nations move away from the declining U.S. dollar's dominance.
The price of XRP has surged by more than 370% over the past month from around $0.50 to now stand at $2.4, and the rise was seemingly fueled by whales using Nasdaq-listed cryptocurrency exchange Coinbase.
XRP hit the market with hundreds of per cent of growth and made it enter the top 3 cryptocurrencies in the world after Bitcoin and Ethereum, but not today anymore.
XRP faces pivotal SEC decisions as Paul Atkins, Trump's SEC Chair pick, signals potential crypto policy shifts starting January 2025.
Cardano's Layer-2 protocol Hydra reached a significant milestone of surpassing 1 million transactions per second (TPS) during its Doom gaming tournament. On Dec. 4, Charles Hoskinson, the founder of Cardano, shared screenshots confirming that the network had crossed the 1 million TPS mark globally.
Donald Trump's reelection has boosted crypto, particularly Bitcoin, whose price has surged since Election Day.
BNB hit a new all-time high of $794 on Wednesday with analysts predicting a run to $1,000 could be on the cards. BNB Rallies Strong BNB, the native token of Binance's BNB Chain has seen an exponential price increase over the past 24 hours, reaching a new all-time high of $794.
President-elect Trump has selected crypto supporter Paul Atkins to lead the SEC. This move is part of Trump's broader goal to create a more crypto-friendly environment, a message that has been well received by the digital currency community.
US Federal Reserve Chair Jerome Powell also dismissed the idea that people see Bitcoin as a symbol of a lack of faith in the US dollar.
Bitcoin, trading at $98,772, is riding a bullish wave, but traders should stay sharp as critical resistance looms near $100,000. The market's behavior hints at a mix of sideways moves and the potential for exciting breakouts. Bitcoin On the 1-hour chart, bitcoin recently climbed to a local peak of $99,250 before pulling back.
Ethiopia is emerging as a significant player in Bitcoin mining, with local operations now accounting for 2.5% of the global hash rate. On Dec. 4, local Bitcoin miner Kal Kassa stated: “Bitcoin miners in Ethiopia now command 2.5% of the global hash-rate.
The Bitcoin price has recently attempted to reclaim the $96,400 level as support after breaking above the bearish trend line. A crypto analyst has underscored why this support level is crucial for Bitcoin's next price rally, as it could set the stage for a potential retest above the $100,000 All-Time High (ATH).
Bitcoin has rebounded to $98,000 today after dropping to its weekly lowest point, and several sentiments have made it back to head the $100,000 target price.
Ripple has clarified that despite ongoing speculation, it won't launch its stablecoin, the $RLUSD, today.
Ripple's XRP is currently down by more than eight percent in the last 24 hours and is trading near the $2.33 levels.
Ripple is preparing to launch its stablecoin, RLUSD, pending final regulatory approval. The company clarified: “We're in lockstep with the NYDFS on final approval.
Federal Reserve Chair Jerome Powell said the U.S. economy remains strong and even commented on Bitcoin (CRYPTO: BTC) at the New York Times DealBook Summit on Wednesday. The Details: "The U.S. economy is in very good shape right now.
Hive Digital Technologies (Nasdaq: HIVE), a prominent Canadian-based Bitcoin mining firm, is significantly expanding its mining capacity with a $60 million investment in new equipment. The firm has secured 13,480 miners from Bitmain, a leading Chinese manufacturer, with plans to scale its operations further in the coming year.
The recent rally in older tokens better resembles the price action of meme coins, benefiting from a broader market breakout, Decrypt was told.
An obstacle has been encountered in Bitcoin's ascent to the elusive $100,000 milestone, prompting traders and investors to wonder what is preventing the top cryptocurrency from reaching its full potential. Although Bitcoin has recently experienced bullish momentum that brought it near $100,000, the psychological barrier has not been broken.
Crypto analyst Jacob Canfield has raised the possibility of the Dogecoin price replicating the recent XRP rally. This came as the analyst highlighted similarities between Dogecoin's recent price action and XRP's.
Here's how Cardano's strong network growth could influence ADA's value.
Why Some of the Market's Favorite Altcoins Were Soaring Today
A Bitcoin whale that had been inactive for 11 years has resurfaced with a transaction of around $257 million in BTC after seeing the price of their holdings surge by over 15,300% since their last action.
Bitcoin miner Hut 8 has unveiled a $500 million equity offering to bolster its operations and create a Bitcoin (BTC) strategic reserve. The company will sell shares of its common stock over time to fund its growth initiatives.
A wallet linked to the United States government has transferred over 54 billion Shiba Inu (SHIB) tokens to a newly created wallet. Popular blockchain analytics platform Arkham Intelligence indexed the transaction on December 3.
Grayscale Investments, one of the largest asset management firms in the cryptocurrency sector, has officially filed for a Spot Solana Exchange-Traded Fund (ETF) with the New York Stock Exchange (NYSE). This move, declared on December 4, 2024, marks a significant development in the ongoing evolution of crypto investment products, especially after the successful approvals of Bitcoin and Ethereum ETFs earlier this year.
Bitcoin has recently become known as an investment instrument that is called “digital gold” to preserve the value of money; Powell says the same.
The interest in altcoins is growing at an incredible pace, backed by the increased Google search trends and high market turnover. While Bitcoin remains relatively flat above the $97K level, the altcoin market is now back in focus among retail traders and analysts, raising expectations of an altseason.
On-chain data shows that Bitcoin investors' profit-taking has observed a huge decline since last month's top, a sign that could be positive for BTC.
MicroStrategy Executive Chairman Michael Saylor explains his approach to buying Bitcoin and predicts the asset's huge future price on 'Making Money.'
Binance Coin (BNB), the native cryptocurrency of the Binance ecosystem, has experienced a remarkable surge, breaking through a significant resistance level and setting a new all-time high (ATH) of approximately $771. This 15% rise in just 24 hours has shifted the focus toward BNB's potential to continue its upward trajectory.
Bitcoin consolidates just below $100,000, signaling a pause after its recent rally.
Bitcoin rallied after Fed Chair Jerome Powell called it "digital gold" on Wednesday, though it again fell short of the $100K milestone.
The United States government recently transferred 19,800 Bitcoin (BTC) worth approximately $1.92 billion to a Coinbase Prime wallet. This sparked fears of a potential sale around crypto circles, with traders on high alert.