Bitcoin Clears Another Record
The price of Bitcoin has surged to a new all-time high, reaching nearly $84,900 following the recent U.S. elections where Donald Trump emerged victorious. According to Investor's Business Daily, this rally is attributed to Trump's pro-crypto stance during his campaign and expectations for favorable regulatory changes under his administration. Analysts from Bernstein have urged investors to increase their exposure in the crypto market as they anticipate further growth.
Crypto Prices Surge Post-Election
Fast Company reports that cryptocurrencies like Bitcoin, Dogecoin, and Shiba Inu are experiencing significant gains after Trump's election win. The article suggests two main reasons: a potential shift towards more crypto-friendly policies by Republicans aligned with Trump’s views and Elon Musk's possible influence on these developments due to his close ties with Trump.
A Path Towards $100K for Bitcoin?
Coinpedia Fintech News discusses predictions about Bitcoin potentially hitting the $100K mark soon. Crypto investor Alistair Milne believes there might be a 25% correction before such heights are reached but remains optimistic about long-term prospects fueled by renewed interest post-election and strategic moves anticipated from the incoming administration.
NBC Reports All-Time Highs Amidst Political Changes
NBC News highlights how Bitcoin prices soared past previous records shortly after Trump's electoral success was confirmed. This surge reflects optimism among investors regarding less stringent regulations expected under Trump's leadership alongside fears of inflationary pressures that could drive demand for digital assets like cryptocurrency even higher.
Meme Coins Join The Rally As Well!
The Wall Street Journal writes that not only did major cryptos see an upswing but meme coins also benefited significantly; notably Dogecoin doubled its value since Election Day while Solana marked substantial increases too - underscoring widespread enthusiasm across different segments within this volatile yet promising sector amidst changing political landscapes globally impacting financial markets at large today!
Sources:
- Bitcoin Clears Another Record. 'Buy Everything You Can,' Analyst Says.
- Crypto and meme coin prices keep surging after Donald Trump's election victory. Here are 2 likely reasons why
- Crypto Price Prediction: What to Expect Before Bitcoin Price Hits $100K
- Price of bitcoin hits all-time high as Trump victory sinks in
- Bitcoin, Dogecoin and Solana Surge in Post-Election Crypto Price Jump
- Bitcoin Price Sets Another Record as Post-Election Rally Continues
- What’s Justin Sun Planning? $70 Million Cash-Out Follows Ethereum Rally
- Why Ethereum Classic Is Seeing Blue Skies
- Bitcoin could be one upgrade away from overtaking Ethereum DeFi
- Polymer Launches Real-Time Interoperability For Ethereum Rollups
- Ethereum (ETH) Sees Abnormal 1,652% Spike in Flows Amid $1.98 Billion Boom
- Ethereum Funding Rates Signal Bullish Pressure: Here’s More
- 3 Altcoins Recording Double-Digit Gains as Bitcoin Price Hits $82K
- Bitcoin Surges Following Trump's Presidential Win—But Where Are The Healthcare Altcoins?
- Over $590 million liquidated as long altcoin traders lose $343 million amid $82k Bitcoin
- 3 Altcoins to Watch in the Second Week of November 2024
- Altcoins Acceleration Amid Bitcoin’s New Heights
- Bitcoin Hits New ATHs Daily—When Will Altseason Arrive and Which Altcoins Should You Buy Now?
- BTC, ETH and XRP Price Prediction for November 11
- $80K BTC price chases gold — 5 things to know in Bitcoin this week
- Analyst Predicts 3 XRP Price Targets if Bitcoin Hits $100K, $130K, and $160K
- Bitcoin rockets to $85,000 as Trump’s return and Fed rate cuts spark predictions of a $420,000 peak
- Top Analyst Warns of 25% Bitcoin Dip Before “Generational FOMO” Drives BTC Past $100K
- What Happened in Crypto Today: Whales Going for ETH Now?
- Ethereum Adds $100 Billion In 5 Days: Best Time To Buy ETH?
- Ethereum price today: ETH is trading at $3,172.44
- Analyst Sees Chainlink Price Surging to $600 And ‘Outpacing ETH’
- Business Monday ETC: Nov. 11, 2024
- Sea Point upgrade delayed as deadline is pushed to February 2025
- New record: Bitcoin surpasses $1.6 trillion market cap
- Tesla shares continue epic surge as market cap leaves $1T in its rearview
- Dogecoin Surpasses XRP in Market Capitalization
- Tesla Stock Reclaims $1 Trillion Market Cap. It's Not The Only One.
- Crypto Market Cap Could Balloon to $10T by 2026 Under Trump Administration: Standard Chartered
- New annual high for the crypto market capitalization
