Bitcoin price

2024 - 11 - 6

Trump, Bitcoin, and an Election Surprise: What a World!

BTC -- Bitcoin Bitcoin - Cryptocurrency - Donald Trump - Investing - Market Trends - U.S. Election - BTC

Bitcoin rockets to $75,000 as Trump wins the US election. Did politics just become the new best friend of crypto?

In a stunning turn of events, Bitcoin prices have shattered previous records, soaring to $75,000 on November 6, coinciding perfectly with the hustle and bustle of the U.S. elections. It seems that as Donald Trump proclaimed victory, the world’s largest cryptocurrency by market capitalization embraced the celebratory mood, launching itself into the crypto stratosphere. With Trump’s chances of winning set above 60%, traders and investors were buoyed, betting that his policies might catapult Bitcoin even higher.

As the cryptocurrency market reacts feverishly to political happenings, the numbers are leaning favorably on Bitcoin's potential future. The optimism around Trump’s presidency has seen Bitcoin leap over 7% to a jaw-dropping $75,407. This record-high value demonstrates a significant shift in sentiment as traders expect a potential new wave of favorable regulations for cryptocurrency under the new administration. Trump, previously skeptical of Bitcoin, is now being touted as the ‘crypto candidate,’ adding an even more bizarre twist to the political narrative.

Markets tend to go wild during significant political events, and this election has proved no exception. Historically, U.S. elections have acted as catalysts for fluctuating asset values. Following Trump’s triumph, analysts predict that Bitcoin could gain additional steam, with projections indicating a climb towards $78,000 in the near term. It appears Trump’s win isn’t just political fireworks, but economic ones too, galvanizing investors eager for profit.

In the wake of this historical event, the cryptocurrency community is buzzing with excitement. For those keeping a close eye on the underlying technology, Bitcoin is more than a mere financial asset; it’s emblematic of a broader shift toward decentralized finance. As governments continue to grapple with the challenges posed by cryptocurrencies, one can only wonder how Bitcoin's dizzying heights might affect future elections. Will we see more cryptocurrencies emerging as political players? Regardless, one thing is certain: the association of US politics and Bitcoin is a recipe for an electrifying ride!

Did you know that Bitcoin was created in 2009 by an anonymous figure known as Satoshi Nakamoto? This innovative digital currency has since revolutionized the financial landscape, captivating millions of investors globally. Additionally, with Bitcoin’s price approaching an all-time high, discussions are heating up about its role in the financial future and its potential impact on global economies.

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Image courtesy of "Financial Express"

Bitcoin price hits $75000 on November 6 amid US election buzz ... (Financial Express)

Trump's chances of winning are above 60%, while Vice President Kamala Harris's chances fell below 39%.

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Image courtesy of "TheCable"

Bitcoin price crosses $75000, sets new all-time high after Trump's ... (TheCable)

Bitcoin (BTC), the world's largest cryptocurrency by market capitalisation, crossed $75000 for the first time on Wednesday.

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Image courtesy of "The Independent"

Bitcoin price hits new all-time high as Trump declares victory (The Independent)

Republican candidate has positioned himseld as the 'crypto candidate'

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Image courtesy of "FXStreet"

Bitcoin Price Forecast: Trump win grants further upside toward $78000 (FXStreet)

Bitcoin (BTC) soared over 7% to a new all-time high of $75407 on Wednesday as Donald Trump was elected as the 47th President of the United States, ...

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Bitcoin Price Reaches Record High Amid U.S. Election News ... (Action Forex)

Today's BTC/USD technical analysis shows that Bitcoin is currently within a long-term upward channel (shown in blue). Key developments include:→ In ...

Bitcoin's record high amid US election: Could new policies ignite the ... (Economic Times)

Bitcoin recently surged to a new all-time high of $75000, fueled by the US election results. Historically, US elections have acted as catalysts for ...

Bitcoin price surges amid Trump's election momentum (ZAWYA)

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Image courtesy of "Globalnews.ca"

Trump win sends bitcoin price to record highs in crypto boom (Globalnews.ca)

Donald Trump was previously a crypto skeptic but changed his mind and took a favorable view of cryptocurrencies ahead of the election.

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Bitcoin Price Outlook – Bitcoin Continues to Pressure Upside After ... (FX Empire)

The Bitcoin market has been very noisy in the early hours of Wednesday, as the market continues to see a lot of hope in the idea of a Trump victory being ...

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Bitcoin price Donald Trump: Donald Trump effect: Bitcoin price rises ... (Economic Times)

Donald Trump is returning to the White House as US President even as Bitcoin and other cryptocurrencies prices are going up.

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Image courtesy of "Forbes"

Bitcoin Price Became A Real-Time Outcome Indicator During The ... (Forbes)

The United States had a presidential election where Donald Trump was elected. Bitcoin price performed positive during the election day, making a new ATH on ...

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Image courtesy of "Decrypt"

Why Bitcoin Price Could Climb Even Higher After Trump Victory ... (Decrypt)

"In the six months that followed the last three presidential elections, Bitcoin has had triple digit returns," one analyst noted.

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Image courtesy of "The Associated Press"

Bitcoin hits record $75345 as traders expect Trump's win to boost ... (The Associated Press)

Crypto-related shares outran the rest of the stock market. Coinbase, one of the biggest cryptocurrency exchanges, leaped 17%. Online brokerage Robinhood Markets ...

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Image courtesy of "Bankrate.com"

Bitcoin Tops New All-Time High Following Trump Win | Bankrate (Bankrate.com)

Bitcoin rose nearly 8.5 percent from 7 p.m. Tuesday to 2 a.m Wednesday, moving almost in lockstep with prospects of a Trump presidential election win.

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Image courtesy of "FXStreet"

Bitcoin Price Forecast: Rally likely to $78777 after hitting fresh all ... (FXStreet)

Bitcoin rallied to a fresh all-time high of $76,400 on Wednesday as crypto-friendly candidate Donald Trump won the US presidential election.

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Image courtesy of "The Block - Crypto News"

Hope for a Trump victory juicing bitcoin's price helped galvanize ... (The Block - Crypto News)

For weeks, former President Donald Trump defeating VP Kamala Harris in this year's election appeared to be bullish for bitcoin.

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Image courtesy of "Cointelegraph"

Bitcoin price metrics align to project further upside for BTC (Cointelegraph)

Bitcoin price makes a new all-time high, and data suggests that the bullish momentum will continue.

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Image courtesy of "Economies.com"

Bitcoin price (BTCUSD) forecast update - 07-11-2024 (Economies.com)

Bitcoin price (BTCUSD) shows negative trades to test the breached resistance of the bullish channel that appears on the chart, and the price needs to ...

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Cryptocurrency price on November 7 quick take: The global market cap rose to $2.54 trillion.

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Bitcoin Price Outlook – Bitcoin Continues to See Buyers Despite ... (FX Empire)

The Bitcoin market continues to look bullish, despite the fact that we pulled back early Thursday. This is a situation where we have broken out, ...

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Image courtesy of "Fortune"

Current price of Bitcoin: Nov. 7, 2024 (Fortune)

Bitcoin is the original cryptocurrency and remains the most popular crypto coin on the market, with a market capitalization of over $1.1 trillion.

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Image courtesy of "Cointelegraph"

Bitcoin can go 'parabolic' with BTC price weekly close above $71.5K ... (Cointelegraph)

Bitcoin BTC will confirm its “parabolic phase” if BTC/USD delivers a weekly close above $71,500. That is according to the popular trader and analyst Rekt ...

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'$100000 By 2025'—Donald Trump And Elon Musk Fuel Huge ... (Forbes)

Bullish bitcoin traders and analysts are betting the bitcoin price could surge to $100000 by the new year...

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Image courtesy of "Investopedia"

Bitcoin Briefly Trades Above $76K Again Ahead Of Fed Rate Cut (Investopedia)

The Fed is set to lower interest rates on Thursday, which could boost bitcoin prices further. Spot bitcoin ETFs saw $621.9 million of inflows on Wednesday, the ...

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Image courtesy of "bitcoinist.com"

PlanB's Bitcoin Price Roadmap To $1000000 Starts Playing Out ... (bitcoinist.com)

Much of the activity surrounding the US elections has been centered on the Bitcoin price, although spilling over into other cryptocurrencies.

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Image courtesy of "Brave New Coin"

Bitcoin Price Steady after ETF Flows, Ahead of Today's Expected ... (Brave New Coin)

BTC ETFs have record inflows, and the Bitcoin price is holding steady ahead of today's expected rate cute.

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Image courtesy of "Coindesk"

Fed Cuts Rates by 25 Basis Points, Bitcoin Price at Record Ahead of ... (Coindesk)

Fed Chair Jerome Powell's speech later today could shake up markets as he will face questions about the central bank's outlook on monetary policy and ...

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Image courtesy of "Yahoo Finance"

Fed Cuts Rates by 25 Basis Points, Bitcoin Price at Record Ahead of ... (Yahoo Finance)

Fed Chair Jerome Powell's speech later today could shake up markets as he will face questions about the central bank's outlook on monetary policy and ...

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Image courtesy of "Stuff.co.nz"

Bitcoin price surges to historic high (Stuff.co.nz)

A Bitcoin is now worth NZ$126043, breaking the previous record of US$73738 set in March this year.

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Image courtesy of "Investopedia"

Bitcoin Price Levels to Watch After Cryptocurrency Sets New Record ... (Investopedia)

Bitcoin surged to a record high near $77000 on Thursday, extending a rally that followed Donald Trump's win in the presidential election.

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