Bitcoin Rockets Past All-Time Highs Amid Trump's Election Boost

Bitcoin Surpasses All-Time High Prices

NBC News reports that Bitcoin has surged past its all-time high following the election of President-elect Donald Trump. This rise is attributed to potential policy changes concerning deregulation and increased Wall Street investment in cryptocurrencies. The renewed interest in digital currencies suggests a significant market cap increase, as investors speculate on how Trump's presidency might influence financial markets.

Crypto Bull Market Arrives: Analysts Say 'Buy Everything You Can'

The latest analysis from Markets Insider highlights Bitcoin's approach towards $90,000 amidst an ongoing post-election rally fueled by excitement over Trump's second term. Over the last five days, Bitcoin has climbed 18%, with traders optimistic about reaching six-figure territory before year-end. Standard Chartered even predicts it could hit $125,000 due to favorable regulatory expectations under Trump's administration.

Ripple's XRP Sets Sights on $1.10 Following Renewed Investor Interest

According to FXStreet, Ripple’s XRP experienced nearly a 20% surge despite corrections seen in other major cryptocurrencies like Bitcoin and Ethereum. Investors are flocking back to this remittance-based token amid technical indicators suggesting a possible further rally if key resistance levels are surpassed.

Where the Demand Comes From as Bitcoin Breaks Through $82K

A report by CoinDesk delves into understanding where demand for Bitcoin originates after breaking through the $82K mark recently. It notes that spot volume on exchanges such as Coinbase soared significantly during this period while exchange balances dropped—indicating strong buying pressure among institutional investors seeking long-term holdings rather than short-term trades.

Best Crypto to Buy Now: As Bitcoin Faces Supply Shock and Ethereum Whale Accumulation

An article from Brave New Coin Insights discusses promising opportunities within cryptocurrency investments today including Qubetics alongside traditional leaders like BTC & ETH which continue seeing supply-driven price increases coupled with whale accumulation patterns indicating robust future growth potentials across these asset classes alike!

Ethereal ETFs Surge After US Election Approaching Positive Net Flows

The recent U.S. elections have sparked notable inflow surges into Ethereum-focused Exchange Traded Funds (ETFs), according to CryptoSlate data showing record-breaking daily positive net flows since their inception earlier this month alone! Institutional support appears pivotal here too given the Michigan Retirement System now holds more ether exposure compared to bitcoin itself, reflecting broader adoption trends underway globally right now.

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