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news-imageNovember 6, 2024

Why Bitcoin Price Could Climb Even Higher After Trump Victory, According to Analysts

"In the six months that followed the last three presidential elections, Bitcoin has had triple digit returns," one analyst noted.
Publisher: Decrypt
Sentiment: Positive
BTC

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Positive
cover-imageCryptoGlobe
November 6, 2024

Dogecoin Edges Past Bitcoin in 2024: How Trump Victory and Musk Alliance Are Powering Its Rally

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.

Neutral
cover-imageBenzinga
November 6, 2024

The BITCOIN Act Of 2024 'Is A Significant Proposal' — Will It Redefine US Crypto Regulation?

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.

Positive
cover-imageUToday
November 6, 2024

Dormant Bitcoin Millionaire From 2013 Makes Epic Comeback

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.

Positive
cover-imageBenzinga
November 6, 2024

Bitcoin's All-Time High: 'A Groundbreaking Milestone' And 'Strong Post-Election Rally' Coming, Experts Predict

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.

Positive
cover-imageBitcoin
November 6, 2024

What's Next for Bitcoin After Hitting New All-Time High

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).

Positive
cover-imageBenzinga
November 6, 2024

Bitcoin Hits New All-Time High As Donald Trump Wins Second Term: What Now?

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.

Positive
cover-imageThe Currency Analytics
November 6, 2024

Bitcoin Poised for $120K? Key Indicators Suggest Bullish Surge

Bitcoin (BTC) may soon be preparing for a major bullish surge, with key on-chain metrics hinting that it could be on track to hit $120K in the coming months. While the cryptocurrency has been trading in a bearish zone, recent insights from the MVRV (Market-Value-to-Realized-Value) ratio and the Pi Cycle Top indicator suggest that a trend reversal may be imminent.

Positive
cover-imageCoinPedia
November 6, 2024

Bitcoin Whales Buy $134M in BTC as Donald Trump Win 2024 U.S Election

With Donald Trump projected to win the 2024 U.S. presidential election, investor appetite for risk-on assets, especially Bitcoin, has surged. Recently, Bitcoin “whales,” or large-scale investors, have shown significant interest, acquiring and withdrawing over 1,806 BTC, valued at $132 million, from Binance. This shift, flagged by Lookonchain on Nov.

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