Bitcoin Price Surpasses $88,000: A New Milestone for Cryptocurrencies
The cryptocurrency market has experienced a significant surge as Bitcoin's price surpassed the remarkable milestone of $88,000. According to a Barron's article titled "Bitcoin Price Passes $88,000. How Much Further Cryptos Can Rally," this unprecedented rise in value marks an exciting time for investors and enthusiasts alike (source: Barron's). The report highlights that while Bitcoin continues its upward trajectory, questions arise about how much further cryptocurrencies can rally.
Speculation Over Trump's Pro-Crypto Plans Boosts Bitcoin Nearing $90K
The Economic Times reports on the growing speculation surrounding former President Donald Trump’s pro-crypto regulatory plans which have driven Bitcoin prices close to the $90,000 mark (source: The Economic Times). This anticipation is fueling optimism among crypto traders who believe that favorable regulations could lead to even greater adoption and investment in digital currencies.
Record Highs Continue as Bitcoin Reaches $85K
A recent CoinDesk article reveals that Bitcoin touched another record high at $85,000 after adding nearly $20K within just one week (source: CoinDesk). Following the U.S. elections where Donald Trump emerged victorious once again, there seems to be renewed interest from both retail and institutional investors pushing these gains forward.
'Buy Everything You Can': Bernstein's Crypto Recommendations
Decrypt covers an enthusiastic endorsement from Bernstein Research advising clients amidst rising markets, urging them to 'buy everything you can' regarding cryptos like Ethereum or Solana alongside traditional assets such as stocks connected to blockchain technology companies, including MicroStrategy and Robinhood. This is largely because they foresee easing US policies under the new administration potentially benefiting the entire sector significantly in the years ahead (source: Decrypt).
Tesla Stock Surges 8% Post-Market Amidst Rising Value of Its BTC Holdings Exceeding Billion Dollars!
Tesla Inc.'s strategic investment in bitcoin earlier now appears to be paying off handsomely. According to the latest updates shared via the Decrypt media outlet, the company currently holds more than a billion dollars worth of the world's largest cryptocurrency. This dramatic increase in overall valuation since the start of the current fiscal period has contributed to a notable uptick in share prices recently observed, reflecting a broader positive sentiment prevailing amongst stakeholders globally (source: Decrypt).
Global Cryptocurrency Market Tops Historic Three Trillion Dollar Mark For The First Time In Years As Demand Soars...
This Financial Times update highlights that the total combined capitalization of various digital tokens has exceeded a three trillion USD threshold for the first time in several years. This achievement is primarily attributed to heightened investor confidence, resulting partly from anticipated policy shifts favorably impacting the industry moving forward, particularly given the rapidly evolving geopolitical landscape worldwide (Source: FT.com).
Sources:
- Bitcoin Price Passes $88,000. How Much Further Cryptos Can Rally.
- Bitcoin nears $90,000 as speculation grows over Trump’s pro-crypto regulatory plans
- Bitcoin Touches Record-High $85K, Adds Almost $20K in a Week
- Here's Bernstein's Top Picks in Crypto. 'Buy Everything You Can'
- Tesla Stock Surges 8% Post-Market as Bitcoin Holdings Exceed $1 Billion
- News updates from November 11: Value of global crypto market tops $3tn for first time in three years; Trump picks Stefanik for UN role
- ‘Ethereum is starting to catch a bid’ — US ETFs hit record $295M inflow
- Dogecoin, Bitcoin Returns Are Dazzling But First Neiro On Ethereum And Popcat Have Run Up 55000% and 20000% So Far In 2024 - Grayscale Ethereum Mini Trust (ETH) Common units of fractional undivided beneficial interest (ARCA:ETH)
- Ethereum devs publish EIP-7809 proposal for native tokens
- ETH 3.0: Sharding may return to scale Ethereum to millions of TPS
- Cryptocurrencies Price Prediction: Bitcoin, Ripple & Ethereum — Asian Wrap 12 November
- ENS Launches Ethereum Layer 2 Solution to Scale Blockchain Identity
- 3 Altcoins Will Surge 'Like Crazy' This Week: Crypto Analyst
- 5 Altcoins Positioned For A Bullish Surge. Buy Now
- Altcoins Poised for Massive Rally in 2025: Near Protocol to Hit $20, Sui to $5, and IntelMarkets To $1 |
- Top Analyst Predicts These 4 Altcoins Will Lead The 2024 Crypto Revolution
- Trump’s Economic Policies Set to Drive Bitcoin to $250K and Altcoins SOL and XYZ to Historic Peaks!
- Altcoins Surge Amid Post-Election, Ethereum Leads Discussions And Whale Activity
- Bitcoin price will hit $1M, but at what cost? — Michaël van de Poppe
- Ripple CTO Comments on XRP Price Not Rising Despite BTC Reaching $89K
- DOGE and SHIB Price Prediction for November 11
- $100K Within Reach: Bitcoin Set to Shatter More Records — 'This Is Just the Beginning'
- Bitcoin Technical Analysis—BTC Holds Strong in Uptrend as it Nears Critical Resistance
- Bitcoin (BTC) Surges Beyond $82,000 Amid Renewed Investor Interest
- What Happened in Crypto Today: Whales Going for ETH Now?
- Ethereum Weekly Volume Hits $60 Billion As ETH Aims For Yearly Highs
- Justin Sun cashes out 19,000 ETH amid Ethereum’s rally – details here
- $DOGE Surpasses Ford Market Value; $ETH Surpasses Procter and Gamble
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- Crypto Market Cap Crosses $3 Trillion as Bitcoin Surges 9% to $88,000 - "The Defiant"
- Total Crypto Market Capitalization Hits New Peak at $3.1 Trillion
- News Explorer — Bitcoin's Market Cap Exceeds Silver For Second Time This Year
- At $1.7 trn m-cap, Bitcoin beats silver to become 8th largest asset in world
