Bitcoin Hits $76,000 All-Time High As Market Reacts To Fed’s Interest Rate Cuts

Bitcoin (BTC), the leading cryptocurrency by market capitalization, surged to a new all-time high of $76,800 buoyed by the recent US presidential election which saw Donald Trump secure another term in the White House and a more favorable monetary policy from the US Federal Reserve (Fed).  Fed’s Second Consecutive Rate Cut On Thursday, the Federal Reserve announced its decision to cut its benchmark overnight lending rate by 25 basis points to a target range of 4.50%-4.75%, adding to the bullish sentiment surrounding crypto prices.  This marks the second consecutive rate…

How High Can Bitcoin Go In 2025? Legendary Trader Reveals

Este artículo también está disponible en español. Legendary trader Peter Brandt, with nearly five decades of experience in trading since 1975, has shared a bullish forecast for the Bitcoin price trajectory in 2025. Taking to X, Brandt stated: “Bitcoin $BTC is now in the sweet spot of the bull market halving cycle that should top in the $130k to $150K range next Aug/Sep. I measure cycles differently than most.” How High Can Bitcoin Go In 2025? Brandt’s analysis is rooted in the historical patterns observed in Bitcoin’s halving cycles. His…

Bitcoin Records $75,000 All-Time High: Here’s If BTC Is ‘Overheated’ Now

Here’s what the legendary Bitcoin Market Value to Realized Value (MRVRV) Ratio says about whether Bitcoin is currently overheated or not. Bitcoin MVRV Ratio Has Risen Alongside The Latest Rally In a CryptoQuant Quicktake post, an analyst has discussed about the MVRV Ratio of Bitcoin. The “MVRV Ratio” is an on-chain metric that keeps track of the ratio between the Bitcoin market cap and realized cap. The market cap here is just the total valuation of BTC’s circulating supply at the current spot price. The other metric, the realized cap,…

Analysts Debate Bitcoin Next Move As BTC Hits $75K All-Time High

Este artículo también está disponible en español. Bitcoin has experienced a notable surge in price, reaching an all-time high of $75,358 following the announcement that former US President Donald Trump has been reelected, becoming the 47th President of the United States. So far, the asset’s value has seen a nearly 10% spike in the past day before experiencing a slight correction, trading at $74,037 at the time of writing—a decline of approximately 1.1% from its peak earlier today. The dramatic price increase has prompted widespread discussion within the cryptocurrency community,…

Bitcoin ETFs log $621.9m inflows as BTC hits all-time high of $76K

Spot Bitcoin exchange-traded funds in the U.S. recorded $621.9 million in net inflows on Nov. 6 as Bitcoin reached an all-time high of over $76,000. According to data from SoSoValue, the 12 spot Bitcoin ETFs saw net positive inflows on Monday, breaking a three-day outflow streak in which $712.9 million exited the funds. Fidelity’s spot Bitcoin ETF, FBTC, led the inflow surge with $308.77 million added to its holdings, breaking a four-day inflow streak. ARK 21Shares’s ARKB, Grayscale Bitcoin Mini Trust, and Bitwise BITB assisted with inflows of $127 million,…

BTC Hit All-Time High as Trump Closed In on Victory

Crypto equities climbed by more than 10% in pre-market trading. MicroStrategy added 12%, approaching $255, just a few percentage points away from a record that would be almost 280% higher year-to-date. Coinbase is also 12% higher, approaching $220 a share. Bitcoin miners Riot, Marathon and IREN all gained more than 10%. Other notable mentions include Metaplanet which rose 24% and is now up over 1,100% year-to date. This comes after Semler Scientific saw a 30% increase in its share price yesterday, taking the shares to $39. André Dragosch, head of…