-
Bitcoin Forecast After Surging to a Record High
The BTC/USD pair continued surging, reaching its all-time high, as investors cheered the recent Trump election and Federal Reserve interest rate cut. Bitcoin also soared after the US elected the most crypto-friendly legislators ever. It was trading at 80,000 on Monday morning, much higher than the August low of 49,800. Catalysts for Bitcoin Bitcoin price has surged as investors cheer several catalysts. First, November is, historically, the best-performing month for Bitcoin and other cryptocurrencies. Second, Donald Trump won the US election last week, meaning that the industry could have positive legislation measures ... (full story)
- Comments
- Subscribe
-
- Older Stories
From bnnbloomberg.ca|Nov 11, 2024A bevy of smaller cryptocurrencies outperformed market-leader Bitcoin in recent days as enthusiasm about the sector’s prospects under President-elect Donald Trump encouraged a ...
From cnbc.com|Nov 11, 2024Donald Trump’s victory in U.S. elections has raised the specter of higher tariffs on China — but it may not be the only Asian country that faces this predicament, according to ...
From brecorder.com|Nov 11, 2024US President-elect Donald Trump on Sunday spoke with German Chancellor Olaf Scholz by phone, Berlin said, adding that they “agreed to work together towards a return to peace in ...
-
- Newer Stories
From cnbc.com|Nov 11, 2024The estate of collapsed crypto exchange FTX has filed a suit against Binance and its former CEO Changpeng Zhao in an effort to wrest back at least $1.76 billion, citing a ...
From tickmill.com|Nov 11, 2024The prospects of fresh crypto boom on the back of Trump’s re-election as President are looking more likely today. Bitcoin futures gapped higher by over 5% at the open last night ...
From financemagnates.com|Nov 11, 2024The publicly listed Bitcoin miner from Wall Street, HIVE Digital Technologies Ltd. (NASDAQ: HIVE), is significantly expanding its BTC production capabilities through a substantial ...
- Story Stats
- Posted: Nov 11, 2024 5:58am
- Submitted by:Category: Technical AnalysisComments: 0 / Views: 109
