A crypto-aligned super PAC affiliate plans to spend $5 million to support Barry Moore’s U.S. Senate campaign, according to reports. Defend American Jobs, linked to the prominent crypto PAC Fairshake, will launch a five-week advertising campaign featuring former President Donald Trump endorsing Moore. The ads will run on broadcast television
Cryptocurrency markets do not operate in isolation. Political events shape the economy, regulations, and investor sentiment. Government decisions can trigger price surges or steep declines. Elections, regulations, monetary policies, and geopolitical tensions all influence market behavior. Elections and Cryptocurrency Volatility Elections introduce uncertainty. Investors react to policy proposals from candidates.
Trump Nominates Scott Bessent as Treasury Secretary President-elect Donald Trump has nominated Scott Bessent, a well-known investor and hedge fund manager, as the next U.S. Treasury Secretary. This announcement came through a Friday post on Trump’s social media platform, Truth Social. Bessent, 62, founded Key Square Group, a macro investment
The blockchain-based prediction market platform Polymarket, known for its role in the U.S. presidential elections, is facing mounting scrutiny from French gambling authorities. The national gambling authority of France, Autorite Nationale des Jeux (ANJ), reportedly plans to ban Polymarket. It cites the platform’s operations as unlicensed gambling, which is prohibited
As the 2024 U.S. Presidential Election results out, the pro-crypto Donald Trump has secured victory against Kamala Harris with strong support in both the House and Senate. Notably, crypto voters have played a crucial role in this election, fueling optimism in the crypto market—BTC hit an all-time high at $75,361.
The Republican candidate, Donald Trump won the 2024 US presidential election race with 248 electoral votes, beating the Democratic candidate, Kamala Harris. 🚨 BREAKING: 🇺🇸Donald Trump officially elected President of the #UnitedStates! The global #Crypto market is green today with #Bitcoin hitting an all-time high above $75K ❗️ With Trump’s
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 crypto industry has briefly recovered from the prolonged downside pressure. The global crypto market cap is up 2.7% to $2.3 trillion, over the day. Bitcoin, the leading cryptocurrency, experienced bearish pressure, and Ethereum followed. Despite this, the current market sentiment is in the neutral zone, at 50, according to
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
Bitcoin’s price fell below $69,000 on Nov. 3, triggering nearly $350 million in market liquidations as the U.S. presidential election draws closer. This marked the highest trading activity since Oct. 25, when Bitcoin struggled to hold above $70,000. Data shows that liquidations on Nov. 3 totaled $349.78 million. Long positions
