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Bitcoin reached a new all-time high above $75,000 today, marking a pivotal moment in the cryptocurrency market. The price of Bitcoin surged by more than 9%, touching $74,614. This latest rise followed favourable U.S. election results for the crypto-friendly candidate, Donald Trump. With Trump’s odds of winning climbing to 96%
The much-anticipated U.S. presidential election has arrived, sparking a wave of tension across stocks, bonds, and the crypto market. Investors are preparing for potential turbulence as forecasts point to a highly contested race. Bitcoin remains a focal point, continuing to be viewed as a “Trump trade”, reports QCP. The “Trump
The prevailing cryptocurrency market sentiment is uncertain. This week is crucial for the overall market in light of the US election. Historically, Bitcoin and other major altcoins have displayed positive momentum after the US presidential election. The market anticipates a similar picture, with the assets potentially hitting new highs after
Bitcoin (BTC) is currently priced at $68,344, showing a 1.09% decline over the last 24 hours. The 24-hour trading volume surged 24.89% to $41.18 billion, underscoring renewed market interest. BTC’s market cap is $1.35 trillion, maintaining a dominance of 3.05%. Market attention is also on the circulating supply, totaling 19.78
The U.S. presidential election of 2024 might impact the cryptocurrency market. Donald Trump assured that the US would evolve as a global crypto leader and likely establish a national Bitcoin reserve. Trump’s victory and pro-stance in crypto could lead to a surge in crypto prices. Whereas Kamala Harris has taken
The cryptocurrency market has reverted to the month-beginning lull similar to previous cycles. After a brief attempt on Saturday to overcome price consolidation, the market hasn’t shown much action in the last 24 hours. Meanwhile, the US crypto landscape is awaiting intriguing actions as external factors stand lined up that
There has been no shift in the status quo of the ongoing legal dispute between Ripple and the US Securities and Exchange Commission (SEC), yet institutional investors are becoming more interested in XRP. There seems to be a shift in viewpoint within the sector, as seen by the increasing backing
Dogecoin (DOGE) enthusiasts saw a brief glimmer of hope as the popular memecoin surged to six-month highs, hitting close to $0.1792 on October 29th. This peak, similar to levels last seen in April, was driven by a single social media post by tech billionaire Elon Musk. Featuring himself with a
The BNB Chain ecosystem continues its expansion through the Most Valuable Builder (MVB) program, a collaborative initiative between Binance Labs and CMC Labs designed to discover and nurture promising blockchain projects. From an initial pool of 500 applications, the program has identified 35 standout projects for its eighth season. BNB
Solana’s recent price action has captured market attention as it edges toward the significant $186 resistance level, a price point that has consistently triggered reversals since mid-May. The cryptocurrency’s journey toward the psychological $200 barrier faces mounting technical challenges despite sustained momentum. Solana Technical Indicators Paint Complex Picture The Chaikin
