The total value of liquidated positions has risen to $500 million on a daily scale.

Bitcoin analysts search for guideline support zones amid heavy election BTC price volatility.

On Nov. 5, BlackRock's spot Bitcoin exchange-traded fund, BITB, recorded its largest net outflow day since inception, with $44.2 million leaving the fund.

As the odds of pro-crypto presidential candidate Donald Trump significantly surged earlier today, the cryptocurrency market, led by Bitcoin (BTC) and Dogecoin (DOGE), registered a sharp uptick.

The iShares Bitcoin Trust (IBIT) saw a rare day of outflows before Bitcoin went on to hit a new all-time high.

The cryptocurrency market has experienced a bullish swing with the start of the Asian trading hours. The upswing has resulted in the total market cap rising by 10.68% to the $2.47 Trillion mark. This positive leg-up has come given Donald Trump leading the U.S. elections with 230 seats against Kamala Harris' 187 seats.

Crypto-friendly politicians are making significant gains in the ongoing US elections, with early results indicating strong support for candidates who advocate for digital assets. In the House of Representatives, 220 pro-crypto candidates have been elected, surpassing the 106 elected who are against crypto initiatives.

Election Night is here, and Bitcoin seems to be profiting from it now!

Almost $180 million in short positions in Bitcoin have been wiped as it hit a new all-time high, with an analyst saying it is “meaningful” that it is driven by spot demand.

Bitcoin's surge reflects increased investor confidence amid geopolitical stability and potential fiscal stimuli, impacting global financial dynamics. The post Bitcoin price hits new all-time high of $74,900 appeared first on Crypto Briefing.

After tapping the bottoms multiple times, the Bitcoin bulls have constantly pushed the price. As a result, the price has formed a new ATH at $75,000, which was largely expected. The rally has been fueled by the ongoing U.S. election results, mainly due to Donald Trump taking a lead against the Republican opponent, Kamala Harris.

Bitcoin just reached a new all-time high after struggling below the $70,000 zone over the past week. Bitcoin (BTC) is up 9.2% in the past 24 hours and is trading at $74,550 at the time of writing.

Trump has vowed to impose sweeping tariffs on Mexico and other trading partners.

Bitcoin market trend may be on the verge of a significant shift, according to a recent analysis shared by CryptoQuant analyst Percival. Percival described Bitcoin's current phase as “chopsolidation,” a term used to describe a period of minimal directional movement where price consolidation occurs without a clear trend.

Bitcoin successfully broke its previous all time high and reached a new peak at $75,656 according to Coinglass. The largest crypto surprised everyone when it took a sharp 9.4% rise in the last 5 hours. This is a big win for BTC as it missed the expected rise in October.

Bitcoin prices have tapped their highest-ever levels as Donald Trump leads in the United States presidential election vote count.

Bitcoin price nears $75,000 as Trump's early election lead boosts investor optimism, fueling hopes for a new all-time high in the crypto market. The post Bitcoin Price Nears $75,000 as Trump's Election Lead Sparks Hopes for New All-Time High appeared first on Cryptonews.

Republican candidate Donald Trump has embraced digital assets in recent years.

The cryptocurrency prices today set off bullish waves across the broader industry, taking a noteworthy upside trajectory amid the ongoing U.S. elections. Bitcoin (BTC) price touched the $75K level on Wednesday, whereas Ethereum (ETH), Solana (SOL), & XRP prices gained 6%-16% intraday.

Bitcoin price seems to be a clear signal to keep an eye on today as the US election unfolds. As the election voting began, the price of Bitcoin is nearing the $70,000 mark.

Could the inflows into BlackRock's Bitcoin ETF indicate a broader shift in investor sentiment towards Bitcoin ETFs?

The Bitcoin price has skyrocketed by over 9% in the last 24 hours hitting a new all-time high of $74,917 levels as Donald Trump's victory odds jump to 88% with strong gains in just over the last over. Along with Bitcoin, altcoins are also delivering a strong show with Ethereum (ETH), Solana (SOL), Chainlink (LINK),

Bitcoin reached a new all-time high of $75,100 early Wednesday, marking another historic moment for the cryptocurrency. Positive market cues over the last 24 hours supported the rise despite a generally bearish week.

Bitcoin (BTC) just hit a new all-time high of $74,504 as Donald Trump's odds of winning the presidency surge on betting sites. The online betting site Polymarket now has Trump at a 92.2% chance of winning the election. At time of publishing, NBC News projects Trump has secured 210 electoral votes, with Harris securing 91.

Bitcoin has reached a new all-time high of $75,242 as Republican candidate Donald Trump takes an early lead in the polls, with 95 wins out of the 135 electoral votes counted so far.

In a historic night for crypto markets, bitcoin has blown past its previous all-time high (ATH) numbers, reaching $75,000 on several exchanges. This price action comes on the heels of several favorable announcements supporting the possible victory of former President Donald Trump in the U.S.

Bitcoin's recent surge past $74,000 is a clear manifestation of market sentiment and broader economic expectations, particularly in light of the current U.S. presidential election. This move is not simply a technical price rally but a direct response to the increasing momentum behind Donald Trump's campaign.

The Bitcoin (BTC) price just surged to new record highs above $75,000, as confidence grows that pro-crypto ex-US President Donald Trump is on course to secure victory in the 2024 US Presidential election. The post Bitcoin (BTC) Price Hits New All-Time Highs as Traders Bet on Trump Election Victory appeared first on Cryptonews.

As US election results started rolling in, Bitcoin surged to a new record, breaking $75,000 at 3:08 UTC and signaling strong investor sentiment tied to Republican candidate Donald Trump's crypto-friendly platform.

The total crypto market cap rallied over 5 percent in the past 24 hours, led by Bitcoin (BTC), to hover around $2.51 trillion on Wednesday, November 6, during the early Asian session. The flagship coin surged over 6.9 percent in the past 24 hours to reach a new all-time high (ATH) of above $74.

With the BTC price above the $73,800 mark, the biggest cryptocurrency has registered a new all-time high. After eight long months, the largest cryptocurrency in the world is now trading at prices higher than ever. As bullish momentum increases, the market anticipates the rally reaching a new peak at $90,000.

Bitcoins volatility has hit a quiet period as traders await the outcome of the US election. Bitfinex analysts describe it as a calm before the storm, with lower volatility signaling market caution and potential for significant price action once results come in.

Bitcoin reached an all time high of above $74,400 today as Donald Trump leads Kamala Harris. The post Bitcoin Price Skyrockets to New All-Time High of $74,400: Is $100,000 Next? appeared first on Cryptonews.

In the lead-up to the United States election, Bitcoin's price movements have become increasingly intertwined with the presidential race, according to a pair of crypto executives. On Oct. 30, Bitcoin stormed above $70,000 for the first time since June, nearly tearing past its all-time high of $73,750, before stopping just short.

Trump's odds of election victory are up to 79% according to crypto bettors.

Bitcoin has gained nearly 70% year-to-date as the market processes Donald Trump's early lead in the 2024 presidential election.

With $2.2 billion in Bitcoin now transferred out, Mt. Gox may be closer to repaying long-awaiting creditors, sparking concerns about possible selling pressure on Bitcoins price.

Bitcoin surged to a record high in Asia trade as investors leaned towards Donald Trump winning the U.S. presidency.

Economist Alex Krger posits that Bitcoin may never drop below $60,000, with market anticipation building around a post-election rally. Analysts predict that this political momentum could push Bitcoins value higher by 2024, reinforcing the possibility of a strong price floor for the cryptocurrency.

Part of BTC's spike could be attributed to a $94 million liquidation of bearish or hedged bets against the asset, Coinglass data shows, as Trump leads in early voting.

Bitcoin just topped its previous peak price from March in the latest surge amid strong ETF demand and a crypto-tinged U.S. election ahead.

Bitcoin has broken past the $73,800 mark for the first time since March 13, briefly tapping $75,000, as election results give Donald Trump an early lead.

Bitcoin has broken past the $73,800 mark for the first time since March 13, as the battle to become the next United States president rages on.

The price of Bitcoin, the largest cryptocurrency, hit a new all-time high of $75,080 at 3:08 UTC on the Bitstamp exchange.

One market analyst said there's “no reversal in sight” for Ethereum's value against Bitcoin.

Leading cryptocurrencies jumped as polls began to close in the high-stakes presidential election between Donald Trump and Kamala Harris. Cryptocurrency Gains +/- Price (Recorded at 8:30 p.m.

XRP rises as Trump leads early; SEC implications may pave the way for a US XRP-spot ETF.