Crypto stocks surged sharply on Nov. 6 as Donald Trump’s victory for a second term as U.S. president bolstered the market’s bullish outlook. While cryptocurrencies have ripped in the lead up to the election as betting odds showed Trump was headed for victory, things got juicy on Election Day. Bitcoin (BTC) shot to above $75,000 before taking a breather. The Trump trade, which relates to conviction that markets would rip if the Republican candidate won, engulfed not just the top coin, but also altcoins. Ethereum (ETH) has jumped above $2,700,…
Tag: Bitcoin
Trump victory creates over 11k new Bitcoin millionaires
Donald Trump’s 2024 election victory has created over 11,000 new Bitcoin millionaires. According to data from Finbold, the number of Bitcoin wallets valued at $1 million or more rose to 132,842 on November 6, as Bitcoin prices increased by 7.8% in just 24 hours. Last month, there were 121,061 Bitcoin addresses worth over $1 million. This figure has now grown by 11,487 wallets, indicating significant wealth gains among Bitcoin holders, per Finbold. Let’s be absolutely clear, the anti-Bitcoin movement died last night. The USA will be the most pro-Bitcoin nation…
Massive Bitcoin Short Liquidations Send BTC Above ATH – Trump Win Sets A Bullish Environment
Este artículo también está disponible en español. Bitcoin surged to new all-time highs during election night, hitting an impressive $75,300 as market excitement reached a fever pitch. This milestone pushed Bitcoin into price discovery, igniting significant liquidations across trading platforms. Data from CryptoQuant reveals an unprecedented surge in short liquidations, surpassing $100 million within a single one-minute candle, marking a historic moment for BTC. This explosive price action was fueled by the surprise Trump win in the U.S. election, which appears to have sparked renewed enthusiasm for crypto assets as…
Dogecoin and Shiba Inu Pumping as Bitcoin Passes $75K, Flockerz Could Explode Next
Pro-crypto Donald Trump has claimed in the US election and the market is booming, with Bitcoin hitting a new all time high of $75,000. Meme coins are surging across the board, with Dogecoin (DOGE) and Shiba Inu (SHIB) having both posted hefty gains in the past day as the bulls take control of the crypto […] Original
Bitcoin Mining Stocks Skyrocket as Trump’s White House Win Sparks Crypto Rally
After last week’s turbulent period, publicly traded bitcoin mining companies rebounded on Wednesday, celebrating a strong performance as Trump clinched the White House. Bitcoin Mining Stocks See Explosive Gains On Nov. 6, bitcoin mining stocks rallied, riding high alongside bitcoin, which hovered at $74.6K by 9:40 a.m. ET on Wednesday. MARA Holdings (MARA), boasting the […] Original
Bitcoin Price (BTC) Rises, but Altcoins and UNI Outperform Following Trump Victory
Additionally, funding rates for UNI have doubled over the last day from approximately 5% to 10%, with a positive funding rate meaning traders who are long have to pay short traders to keep their position open. Other things being equal, higher funding rates mean traders are anticipating further price advances. Source
As Trump win sends Bitcoin to ATH, Dogizen raises over $1.2M
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Donald Trump confirmed as President-Elect, sparking crypto surge. Bitcoin hits new ATH at $75K, with broader market up nearly 10%. Donald Trump is confirmed as the President Elect of the United States, and markets have responded to Trump’s pro-crypto stance by sending Bitcoin to a new all-time high (ATH) at $75k. The broader crypto market has risen nearly 10% in accordance, and Dogizen has been no exception. The Telegram…
Vintage Bitcoin Wallets Resurface—Millions Worth of BTC on the Move as Prices Hit New Highs
With bitcoin staying solid above the $74,000 mark, a wave of long-dormant bitcoins from years past has suddenly come to life as the price edges higher. Dormant Bitcoin Vaults Open as the Price Climbs Higher Bitcoin (BTC) hit a fresh all-time high, with prices reaching $75,397 per coin on Bitstamp, setting new excitement across the […] Original
Economist Predicts Bitcoin ‘Blow-Off Top’ At $123,000 Post-Trump Win
Este artículo también está disponible en español. The 2024 US presidential election is decided. Donald Trump will get a second term, defeating Kamala Harris. In the midst of election night, the Bitcoin price rose to a new all-time high of $75,407 on Binance. The euphoria is driven by Trump’s big election promises. He wants to establish Bitcoin as a national strategic stockpile, fire Securities and Exchange Commission (SEC) Chairman Gary Gensler and generally enforce a crypto-friendly policy. While a Harris victory would have meant a short-term setback for Bitcoin according…
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). This new ATH spurred by Donald […] Original