Bitcoin

2024 - 11 - 11

Bitcoin Hits $82,000 as Trump Throws a Crypto Party! 🎉

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Bitcoin's soaring above $81K is all thanks to Trump’s election win; looks like even crypto needs a political pep rally!

In an electrifying turn of events following the recent U.S. elections, Bitcoin has officially topped $82,000 for the first time ever! Breaking the psychological barrier has traders buzzing like bees at a flower festival, sparked by President-elect Donald Trump’s promises to turn America into the "crypto capital of the planet." As pro-crypto candidates surged in the elections, so did the bullish sentiments within the crypto market, pushing Bitcoin to an all-time high.

This surge isn’t just a flash in the pan! With Bitcoin soaring by a whopping 17.6% in the past week alone, the cryptocurrency market capitalization has climbed to $2.75 trillion. That’s enough zeros to make anyone's eyes water! Investors are on the edge of their seats as they anticipate whether Bitcoin can hit that elusive six-figure mark before the year’s end. There’s a clear sense of excitement in the air, as the crypto community anticipates Trump’s potential impact on regulation and investment.

However, let’s not forget that the crypto landscape is still wild and unpredictable. Bitcoin is currently on a tear, trading hands for approximately $80,891 after a minor correction, but experts caution that this might be just the beginning. Many are optimistic about a "crypto-buying spree" as traders embrace the belief that Trump’s administration will usher in a new era of digital asset investing—while those still clinging tight to traditional markets may be left wondering what just happened!

As this crypto euphoria continues, it’s important for potential investors to exercise due diligence. Although the excitement is palpable, U.Today warns that crypto trading can be as unpredictable as a cat on a hot tin roof. While investors ride the wave of this Bitcoin frenzy, keeping a cool head might just be their best strategy!

Interesting fact: The surge sparked by Trump's win has not only affected Bitcoin but has also seen a growth spurt in other cryptocurrencies, indicating a possibly new trend in multi-asset investment strategies among traders. Experts are advising those new to the game to do a bit of homework or consult financial experts to navigate this thrilling, yet volatile market. Remember, folks, even when the party is wild, coming prepared is key!

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Image courtesy of "The Guardian"

Bitcoin price tops $81000 for first time amid 'Trump pump' (The Guardian)

Traders hope president-elect will favour cryptocurrencies when he returns to the White House.

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Bitcoin above USD 80.000 for the first time (FXStreet)

Fri, 15th, 14:30 CET US Core retail sales. BTC strength. After the election in the US crypto prices continue to strengthen. Bitcoin had broken the psychological ...

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Image courtesy of "Forbes"

Bitcoin Crosses $81000 For The First Time—Boosted By Trump's Win (Forbes)

The price of Bitcoin breached $81,000 for the first time late on Sunday and hit a record all-time high, continuing its post-election bull run as President-elect Donald Trump has promised to bolster the industry while several pro-crypto candidates won ...

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Image courtesy of "InvestingCube"

Bitcoin Soars to $81K, Targets Six-Figure Price Before Year Ends (InvestingCube)

With that the crypto market capitalisation rose to $2.75 trillion as per this writing, according to data analytics site, CoinMarketCap. Bitcoin was up by 0.6 ...

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Image courtesy of "Nairametrics"

Bitcoin hits $81000 surpassing $1.6 trillion in market capitalization (Nairametrics)

The flagship crypto asset has surged by 17.6% in the past week and is exchanging hands for $80,891 following a slight correction. Bitcoin has maintained an ...

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Image courtesy of "Business MattersBusiness Matters"

Bitcoin surges past $80000 as Trump nears control of Congress and ... (Business MattersBusiness Matters)

Bitcoin hits a record $80000 after Trump's election victory, driven by promises to make the US a “crypto capital” and strip back regulations.

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Image courtesy of "BreakingNews.ie"

Bitcoin breaks $81000 as Trump's election turbocharges ... (BreakingNews.ie)

Trump embraced digital assets during his campaign, promising to make the United States the "crypto capital of the planet" and to accumulate a national stockpile ...

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Image courtesy of "U.Today"

Peter Brandt Spots Rare Bitcoin (BTC) Inverted H&S Pattern, Big ... (U.Today)

U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making ...

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Image courtesy of "Forbes"

Bitcoin Crosses $82000 For The First Time—Boosted By Trump's Win (Forbes)

The price of bitcoin reached a record high Sunday, continuing its post-election surge as President-elect Donald Trump has promised to bolster the industry.

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Image courtesy of "CNBC"

Bitcoin tops $82000 as crypto euphoria over Trump win shows no ... (CNBC)

Bitcoin hit another high on Monday, as the rally in cryptocurrencies continued following President-elect Donald Trump's election win.

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Image courtesy of "Coindesk"

Where the Demand Comes From as Bitcoin Breaks Through $82K ... (Coindesk)

Exchange balances for the largest cryptocurrency hit a year-to-date low, a sign of increased buying pressure, according to Glassnode data.

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Image courtesy of "Bloomberg"

Crypto Buying Spree Puts Bitcoin on Cusp of 100% Rally This Year (Bloomberg)

A crypto buying spree is underway as traders bet that Trump will usher in a new era of digital asset investing.

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Image courtesy of "Financial Times"

FirstFT: Bitcoin hits a record high (Financial Times)

Also in today's newsletter, Kremlin denies Putin spoke to Trump last week and America Inc's new chief executive.

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Image courtesy of "Reuters"

Europe vaults higher as Asian stocks slide; bitcoin extends record rally (Reuters)

European stocks rallied sharply on Monday ahead of a busy week, while Hong Kong stocks led declines in Asia after Beijing's latest stimulus fell short of ...

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Trump's re-election is fuelling Bitcoin surge: Insights from Jaltech's ... (BizNews)

Jason Welz, Head of Digital Assets at Jaltech, discusses Bitcoin's recent surge, attributing it partly to Trump's re-election...

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Image courtesy of "Independent Online"

Bitcoin hits $82000 mark for the first time (Independent Online)

It has been rising since Republican candidate Trump won last Tuesday's US presidential election over sentiment that he will ease regulations on digital ...

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Image courtesy of "Quartz"

Bitcoin soars past $82000 as the Trump rally shows no sign of slowing (Quartz)

The top cryptocurrency continues to hit record highs on Donald Trump's election win.

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Image courtesy of "RTE.ie"

Bitcoin breaks through $82000 after Trump's election (RTE.ie)

Donald Trump embraced digital assets during his campaign, promising to make the US the "crypto capital of the planet" and to accumulate a national stockpile of ...

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Image courtesy of "Business Day"

Bitcoin hits new high on US crypto deregulation hopes (Business Day)

Trump has embraced digital assets and promised to make the US the 'crypto capital of the planet'

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Image courtesy of "NBC News"

Price of bitcoin hits all-time high as Trump victory sinks in (NBC News)

The price of bitcoin hit an all-time high this weekend, a rally that started shortly after Donald Trump was declared the winner of the 2024 election.

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Image courtesy of "FXStreet"

Bitcoin Price Forecast: Short-term correction looks likely after hitting ... (FXStreet)

Bitcoin (BTC) trades around $82000 on Monday, having reached a new all-time high (ATH) of $82471 earlier in the day and extending last week's 17% rally.

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Image courtesy of "TechCentral"

One bitcoin will now cost you R1.5-million - TechCentral (TechCentral)

The price of bitcoin rose above R1.5-million for the first time on Monday as the cryptocurrency continued a sensational rally.

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Image courtesy of "ABC News"

Bitcoin, dogecoin: Crypto prices surge amid investor enthusiasm ... (ABC News)

ABC News business reporter Alexis Christoforous on why markets and cryptocurrency are moving higher following Donald Trump's election win. The price of ...

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Image courtesy of "Livemint"

Bitcoin Hedge Funds' Just-About-Risk-Free Trade Is Roaring Back (Livemint)

The meteoric pace of the record-breaking rally in Bitcoin is making one of the most popular trades for crypto hedge funds even more lucrative than usual, ...

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Image courtesy of "Financial Times"

Bitcoin, dollar and Tesla jump as investors pile into 'Trump trades' (Financial Times)

Investors betting that Donald Trump's incoming administration will be a boon for the cryptocurrency industry drove the price of bitcoin to a new record on ...

Brazilian Hedge Fund Verde Says It Made Bitcoin Bet Before Trump ... (Livemint)

Verde Asset Management, the Brazilian money manager run by industry veteran Luis Stuhlberger, is among those riding the Bitcoin rally sparked by ...

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Image courtesy of "Los Angeles Times"

Bitcoin hits record high after Trump's decisive win (Los Angeles Times)

Bitcoin, the world's largest cryptocurrency, is hitting new records in the wake of president-elect Donald Trump's victory. Trump has promised to soften ...

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Image courtesy of "Investor's Business Daily"

Bitcoin Clears Another Record. 'Buy Everything You Can,' Analyst ... (Investor's Business Daily)

That should provide a tailwind for bitcoin ETFs and related stocks such as Coinbase Global (COIN) and Robinhood Markets (HOOD). Meanwhile, Bernstein analysts ...

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Image courtesy of "ABC News"

Bitcoin has topped $87000 for a new record high. What to know ... (ABC News)

That's part of a rally across cryptocurrencies and crypto-related investments since Trump won the U.S. presidential election last week. Analysts credit much of ...

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Image courtesy of "Financial Times"

FirstFT: Bitcoin hits new record as investors pile into 'Trump trades' (Financial Times)

Also in today's newsletter, Hong Kong stocks fall as China's stimulus package disappoints, and Ishiba confirmed as Japan's prime minister.

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Image courtesy of "CNBC"

Bitcoin is closing in on $90000 for the first time ever (CNBC)

The flagship cryptocurrency was last higher by 12% at $89,100, according to Coin Metrics. Earlier Monday, it rose as high as $89,623.00. Its price is expected ...

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Image courtesy of "Reuters"

Record-breaking bitcoin rally nears $90000 on Trump boost (Reuters)

Bitcoin stood on the verge of $90000 on Tuesday, riding a wave of euphoria since the election of Donald Trump as U.S. president on expectations his ...

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Image courtesy of "Aljazeera.com"

Bitcoin nears $90000 as investors eye crypto-friendly Trump ... (Aljazeera.com)

The world's most popular cryptocurrency has gained more than 30 percent since the US presidential election.

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Image courtesy of "MyBroadband"

Bitcoin hits R1.5 million (MyBroadband)

The price of Bitcoin shot past R1.5 million overnight on South Africa's largest crypto asset exchanges as it topped $89,000 per coin internationally.

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Image courtesy of "Fortune"

MicroStrategy's $2 billion Bitcoin buy is largest since 2020 (Fortune)

The latest purchase raised MicroStrategy's Bitcoin holdings to around $24 billion, based on Monday's record price.

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Image courtesy of "Yahoo Finance"

Bitcoin Tops $88K, Catapulting MicroStrategy to 24-Year Record ... (Yahoo Finance)

Crypto equities such as Coinbase, MicroStrategy, miners booked 20%-30% gains. Crypto's price explosion is justified as the industry went from an "objectively ...

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Image courtesy of "Business Standard"

What is driving Bitcoin's rally as it surges past the $89000 milestone? (Business Standard)

As Bitcoin reaches new heights following the US elections, we explore the key factors driving this surge and what it means for investors.

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Dollar climbs with bitcoin as Trump trades ramp up; euro, yuan ... (Reuters)

The U.S. dollar rose toward a four-month peak versus major peers on Tuesday, while bitcoin extended its record rally as investors continued to pile into ...

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Bitcoin nears $90 000 as crypto market exceeds pandemic-era peak (Moneyweb.co.za)

RSI gauge in 'overbought' zone. By Sunil Jagtiani and Sidhartha Shukla, Bloomberg 12 Nov 2024 10:26.

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Bitcoin: Seven wild moments from its turbulent history (BBC News)

Reuters Republican presidential nominee and former U.S. President Donald Trump gestures at the Bitcoin 2024 event Reuters. Donald Trump's victory in the US ...

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Bitcoin Hits New All-Time High: M2 Money Supply and Crypto ... (FAnews)

The resurgence in M2 money supply and Bitcoin's recent rally past $89000 underscore the deep ties between economic policy, liquidity, and asset prices.

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Image courtesy of "Aljazeera.com"

Why is Trump's election as US president prompting a Bitcoin surge? (Aljazeera.com)

Is record-high surge of cryptocurrencies due to expectation that Trump administration will be crypto-friendly?

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Image courtesy of "Business Day"

Bitcoin heads for $90000 on Trump boost (Business Day)

London/Singapore — Bitcoin rallied to the verge of $90,000 on Tuesday, riding a wave of euphoria since the election of Donald Trump as the next US president ...

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Image courtesy of "Quartz"

Bitcoin rally slows as it nears $90000 — now with a bigger market ... (Quartz)

With a $1.72 trillion market cap, Bitcoin is now the eighth largest asset in the world.

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Image courtesy of "Fortune"

Bitcoin goes ballistic: Investors see quick march to $100K as ... (Fortune)

Since Donald Trump's election last Tuesday, Bitcoin prices have been soaring, including a furious rally on Monday that saw the leading cryptocurrency flirt with ...

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Bitcoin Soars Above $90000 for the First Time (Barron's)

Bitcoin, DogeCoin, Solana and Ethereum price gained Tuesday as investors are betting that Donald Trump's second presidential term will boost ...

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'Just Don't Break' Bitcoin: Devs Debate Tech Upgrades to Top Crypto (Coindesk)

The bitcoiners gathered at OP_Next were decidedly in favor of progress – but not too much progress, and certainly not too fast.

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Image courtesy of "The Associated Press"

Bitcoin surges past $87000 for the first time after Trump win. What ... (The Associated Press)

That's part of a rally across cryptocurrencies and crypto-related investments since Trump won the U.S. presidential election. Analysts credit much of the recent ...

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Digital pickpockets target Bitcoin virtual currency (Independent Online)

Hackers are targeting virtual currency Bitcoin, penetrating computers and swiping their digital wallets, according to computer security firm Symantec.

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Dollar holds firm ahead of US inflation, bitcoin targets fresh highs (USA TODAY)

The "Trump trade" has pushed up U.S. Treasury yields as markets wager the Federal Reserve may temper the extent of its future rate cuts.

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Bitcoin retreats after 33% surge since Trump's US election win (Euronews)

Bitcoin's price retreated after briefly surpassing $90000 (€85000), coinciding with a widespread selloff in global equity markets, which signals potential ...

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