The global cryptocurrency market has reached a new milestone, surpassing $3 trillion in market capitalization. This surge follows Donald Trump’s election as U.S. president, which has fueled speculation of more favorable regulatory conditions that could accelerate growth across digital assets. Data from CoinGecko showed that the total value of the …
Read More »Recent surge could lead Bitcoin’s $90K-$100K Ceiling: A Market Maker’s Challenge
Bitcoin’s relentless ascent has recently captured the world’s attention, with many analysts predicting further price increases. However, a significant hurdle may lie ahead: the $90,000 to $100,000 price range. Market makers, the financial institutions that facilitate trading by providing liquidity, could play a crucial role in capping Bitcoin’s upward momentum …
Read More »Bitcoin Reaches New Record High, Driven by Optimism over Trump’s Election Win and Fed Rate Cuts
Bitcoin extended its record-breaking rally on Monday, spurred by favorable sentiment following Donald Trump’s victory in the 2024 presidential election. The world’s largest cryptocurrency reached an all-time high of $81,792.4 before settling slightly lower at $81,193.4 by early morning trading. Trump Victory Fuels Optimism for Cryptocurrencies The surge in Bitcoin …
Read More »BTC price soars past $77k all-time high amid renewed fears
Earlier during this trading week, Bitcoin’s price reached a new all-time high near $77K, amid concerns about mass liquidations in a snap market reversal. The volatility came as the United States Federal Reserve lowered interest rates by an expected 0.25%. After the latest Federal Open Market Committee (FOMC) meeting, Fed …
Read More »Bitcoin Surges as Trump’s Election Win and Fed Rate Cut Lift Crypto Markets
Bitcoin continued its upward momentum on Friday, holding near record highs set earlier in the week. The cryptocurrency market was buoyed by Donald Trump’s victory in the 2024 presidential election and the Federal Reserve’s decision to cut interest rates, fueling optimism about a more favorable regulatory landscape and continued economic …
Read More »Bitcoin Reaches Record High Amid U.S. Election Developments
Bitcoin surged to an unprecedented high on Wednesday, fueled by early vote counts showing Donald Trump ahead in the 2024 U.S. presidential race. The largest cryptocurrency by market cap rose nearly 10%, reaching $75,071.8, as the prospect of a Trump presidency encouraged hopes for favorable crypto regulations. This rally reflects …
Read More »Crypto Market Pullback Deepens as Bitcoin Dips Below $69,000 Amid Shifting U.S. Election Odds
Bitcoin’s price saw continued losses on Friday, as the cryptocurrency market pulled back for the third day straight. The decline comes amid heightened volatility as Donald Trump’s odds in the U.S. presidential race faced slight dips, which some investors fear may add regulatory uncertainty, especially if Democratic candidate Kamala Harris …
Read More »Is Bitcoin’s Bullish Momentum Continuing Toward Fresh All-time High?
Bitcoin (BTC) has been on a remarkable upward trajectory, flirting with new all-time highs. On Tuesday, it reached a peak of $73,620, fueled by strong institutional demand, particularly from US spot Bitcoin ETFs. These ETFs saw a significant inflow of $827 million, the third-largest single-day inflow since their launch.Analysts believe …
Read More »Bitcoin Nears Record Highs Amid U.S. Election Speculation, Altcoins See Mixed Gains
Bitcoin surged on Wednesday, approaching its all-time high as investors bet on a potential pro-crypto shift in U.S. policy depending on the outcome of the upcoming presidential election. The world’s largest cryptocurrency rose 2% to $72,456.80, close to its record peak of $73,798. Bitcoin Rallies on Trump’s Pro-Crypto PositionBitcoin’s recent …
Read More »Bitcoin Market Analysis: A Sideways Trend with Upward Potential
The Bitcoin market remains in a sideways trading range that began in February. Despite experiencing some volatility recently, the overall trend suggests a gradual upward movement.Key Technical Levels:Resistance: The $70,000 level is a crucial resistance point due to its psychological significance. Breaking above this level could signal a stronger uptrend, …
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