For weeks, former President Donald Trump defeating VP Kamala Harris in this year's election appeared to be bullish for bitcoin.

BlackRock's spot Bitcoin (BTC) ETF recorded an impressive $1 billion in trading volume within just 20 minutes of market opening on Nov. 6, spurred by President-elect Donald Trump's victory in the US elections. The surge reflects heightened investor confidence in a pro-crypto administration under Trump, who defeated incumbent Vice President Kamala Harris.

A US strategic Bitcoin reserve faces steep odds, with legislative hurdles and economic risks stalling approval.

Cryptocurrency markets are trading higher as Donald Trump secured a second term in the presidential election. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $75,833.12 +9.5% Ethereum (CRYPTO: ETH) $2,682.34 +11% Solana (CRYPTO: SOL) $188.34 +14.3% Dogecoin (CRYPTO: DOGE) $0.1952 +15.9% Shiba Inu (CRYPTO: SHIB) $0.00001883 +6% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 14.5% and daily active addresses falling by 4.4%.

The crypto-friendly, bipartisan market structure bill was good enough under a Biden regime. Now things have changed, sources say.

The establishment of a Bitcoin reserve could significantly alter global financial dynamics, positioning the US as a leader in digital currency innovation. The post US Senator Lummis reaffirms Bitcoin will be become a national reserve asset following Trump's victory appeared first on Crypto Briefing.

Bitcoin options and futures markets display moderate optimism after a new BTC all-time high, which could be indicative of new price highs.

Bitcoin is soaring on optimism that President-elect Trump will follow through on his promise to support Bitcoin and the crypto industry at large. Republicans have won control of the Senate, with the House still up for grabs.

Senator Cynthia Lummis reaffirmed plans to create a strategic Bitcoin Reserve in the U.S. hours after Donald Trump won the presidential election.

$68,000 has been identified as a critical support level for Bitcoin (CRYPTO: BTC), following its surge to a new all-time high on election night. What Happened: In a comprehensive breakdown of Bitcoin's performance over the past seven months, crypto trader Scient identified two similar structures within this period: a bearish and a bullish structure.

As Trump won the U.S. presidential elections, Bitcoin soared more than 7.7%.

"The odds were too good," the content creator stated.

Huge BTC and ETH transfers by crypto whales follow the 2024 U.S. election results. Multi-million-dollar transfers of this large-cap frog-themed memecoin were detected hours ago.

Senator Cynthia Lummis (R-Wyo.) on Wednesday reiterated her support to build a strategic Bitcoin (CRYPTO: BTC) reserve, aligning with the latest crypto-positive policies from the new administration.

Donald Trump's 2024 election victory has created over 11,000 new Bitcoin millionaires. According to data from Finbold, the number of Bitcoin wallets valued at $1 million or more rose to 132,842 on November 6, as Bitcoin prices increased by 7.

MicroStrategy co-founder Michael Saylor has thrown his support behind the idea of creating a strategic Bitcoin (BTC) reserve in a recent social media post.

An “everything rally” powered Wall Street on Wednesday after the 2024 election results, with Donald Trump emerging as the clear presidential winner. The Republican Party reclaimed control of the Senate, while the House of Representatives leans Republican but remains undecided.

Hut 8 Corp. is set to enhance its Bitcoin mining efficiency by acquiring 31,145 BITMAIN Antminer S21+ ASIC machines, expected to boost its self-mining hashrate by 66% and significantly improve energy efficiency starting in Q1 2025. The post Bitcoin Miner Hut 8 Leverages New ASICs to Enhance Mining Efficiency appeared first on Cryptonews.

Bitcoin set a new all-time high of $75,100 early Wednesday, marking a significant milestone for the leading cryptocurrency. This latest surge comes as bullish sentiment builds around the ongoing U.S. presidential election, where results are increasingly leaning in favor of former President Donald Trump.

The United States had a presidential election where Donald Trump was elected. Bitcoin price performed positive during the election day, making a new ATH on Wednesday.

While commenting Trump's win, US Senator Cynthia Lummis made a significant announcement and pulled back the curtains on a pivotal legislative proposal targeted at the Federal Reserve. She also reiterated that the US plans to build strategic Bitcoin reserve.

As Bitcoin reaches new heights, the bold words of its mysterious creator, Satoshi Nakamoto, echo across the crypto world.

Veteran trader Peter Brandt says that Bitcoin (BTC) is set to vastly outperform gold after printing a bullish pattern on the longer-term chart. Brandt shares a chart with his 745,000 followers on the social media platform X showing Bitcoin in a clear uptrend when priced in gold (BTC/XAU).

Bitcoin's valuation soars to $1.5 trillion after Trump's victory, making it the 10th largest global asset ahead of Meta.

Bitcoin surged to new all-time highs during election night, hitting an impressive $75,300 as market excitement reached a fever pitch. This milestone pushed Bitcoin into price discovery, igniting significant liquidations across trading platforms.

CNBC's Mackenzie Sigalos joins 'Halftime Report' to discuss how crypto is reacting to the election.

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.

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.

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.

Bitcoin (BTC-USD) broke above $75,000 early Wednesday morning — a record high — as the crypto space rallies on Donald Trump's victory in the 2024 presidential election, an upward trend overtaking equity markets as well. Bitcoin was considered to be a part of the "Trump Trade" as holders backed the likelihood of a second Trump presidency in the lead-up to the election.

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.

As of November 6, 2024, at 11:05 a.m. UTC, Dogecoin's year-to-date performance is outpacing that of Bitcoin. According to CoinDesk Indices, Bitcoin (BTC) is currently trading at $74,790, showing gains of 7.7% in the past 24 hours, 22.64% over the past month, and 77.34% year-to-date (YTD). Meanwhile, Dogecoin (DOGE) is trading at $0.

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.

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.

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.