Category: Bitcoin News

Bitcoin reaches $75k, marking new ATH on the heels of US election

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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. The leading cryptocurrency briefly touched an ATH of $75,011 with a market cap of $1.48 trillion.  The asset’s previous ATH of $73,750 was marked in March. BTC price | Source: crypto.news Currently, Bitcoin has a 59.4% dominance over the broader crypto market.  One of the main reasons behind the BTC price rally is…

Historic: Bitcoin Breaks All-Time High as Trump Gains Ground in Prediction Markets

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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. elections, as his chances of winning the presidential race reached […] Original

Bitcoin (BTC) Price Gives Up Gains as U.S. Election Anxiety Unleashes Crypto Volatility; Aptos, Near, Hedera Outperform

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Bitcoin (BTC) surged to $70,500 earlier during the day from around $67,000, then shed 2% in an hour to briefly drop below $69,000. It was trading at $69,000 at press time, still up more than 2% over the past 24 hours.. The broad-market CoinDesk 20 Index booked 3% gain during the same period, led by native tokens of Near (NEAR), Aptos (APT) and Hedera (HBAR) advancing 6%-7%. Original

Bitcoin Could Rally to $80,000 on the Eve of US Elections

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Bitcoin has experienced wild price swings since Vice President Kamala Harris announced her candidacy for the U.S. Presidential election in July 2024. The largest cryptocurrency attempted to test its previous all-time high of $73,738 on Oct. 29, 2024, with no success. Traders expect higher volatility closer to elections and in the aftermath of the event. Crypto prediction markets like Polymarket and Kalshi provide insight into crypto traders’ views.  Polymarket sees about $3.21 billion in trading volume as participants wager on the winner of the November elections. Harris’ opponent, former U.S.…

Bitcoin Pioneer Praises Milei’s Vision in Argentina

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Peter Todd, a Bitcoin pioneer recently accused of being Satoshi Nakamoto in HBO’s documentary “Money Electric: The Bitcoin Mystery,” has praised President Javier Milei’s vision for Argentina. At the sidelines of Labitcoinf, a Latam-focused crypto event, Todd stated that as a politician, Milei is “one of the most sensible the Western world has had in […] Original

Former Bitcoin Developer Amir Taaki Calls for Ross Ulbricht’s Freedom on Election Day

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Amir Taaki, a former Bitcoin developer, voiced strong support for Ross Ulbricht, founder of Silk Road, in a statement released on U.S. Election Day, emphasizing Ulbricht’s influence on the cryptocurrency landscape and urging his release from prison. Amir Taaki Credits Ross Ulbricht as a Crypto Pioneer, Advocates for His Release Amir Taaki, a prominent figure […] Original