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Bitcoin Touches Record-High of Over $89K, Up 21% Since Trump Was Elected
Bitcoin Touches Record-High of Over $89K, Up 21% Since Trump Was Elected
Bitcoin has made headlines by reaching an impressive $89,000 on Monday, following Donald Trump's recent election win on November 5. This surge represents a remarkable increase of over 21% since the election results were announced. The cryptocurrency has been on a remarkable upward trajectory, adding nearly $20,000 in just a week after dipping to $66,700 on November 6. Interestingly, while Bitcoin thrives, major tech stocks like Apple, NVIDIA, Amazon, Microsoft, and META are struggling, with most of them seeing declines. Google has managed a slight increase, and Tesla, which holds a significant amount of Bitcoin, has seen a 9.6% rise. Meanwhile, gold prices have dropped nearly 3%. This shift might indicate a trend where investors are moving their money from tech stocks and gold into cryptocurrencies, especially with Trump's anticipated return to the White House, where he has expressed support for digital currencies. Additionally, the iShares Bitcoin Trust ETF (IBIT) experienced a notable $1 billion in trading volume within just the first 35 minutes of its session, as highlighted by Bloomberg analyst Eric Balch. The post Bitcoin Touches Record-High of Over $89K, Up 21% Since Trump Was Elected appeared first on Optimisus.
BTC
BTC
Optimisus
12 Nov 2024 | 06:43
Solana Meme Coin Prediction: Analyst Expects $0.0007 Token to Skyrocket to $30, While Dogecoin (DOGE) Eyes $5 and XRP Targets $10
Solana Meme Coin Prediction: Analyst Expects $0.0007 Token to Skyrocket to $30, While Dogecoin (DOGE) Eyes $5 and XRP Targets $10
Cryptocurrency markets are buzzing with bold forecasts as analysts predict massive gains for certain tokens. A meme coin on the Solana network, currently worth mere fractions of a cent, is expected to soar to $30. Meanwhile, Dogecoin is projected to reach $5, and XRP aims for $10. What is fueling these ambitious predictions? DOGEN Pumps […] The post Solana Meme Coin Prediction: Analyst Expects $0.0007 Token to Skyrocket to $30, While Dogecoin (DOGE) Eyes $5 and XRP Targets $10 appeared first on ETHNews.
DOGE
DOGE
SOL
SOL
XRP
XRP
ETHNews
12 Nov 2024 | 06:29
Shiba Inu Ready for a 300% Surge as Burn Rate Hits Record High?
Shiba Inu Ready for a 300% Surge as Burn Rate Hits Record High?
Shiba Inu (SHIB) experienced a remarkable rise in its burn rate of 1800% which eliminated 500 million SHIB tokens. According to the data provided by Shibburn, the recent SHIB burn has had a major effect on SHIB supply. The burn mechanism which eliminates tokens from circulation. It is a way to boost rarity and thus value […] The post Shiba Inu Ready for a 300% Surge as Burn Rate Hits Record High? appeared first on The Coin Republic.
SHIB
SHIB
The Coin Republic
12 Nov 2024 | 06:13
Trading Volume Explodes in 5 Altcoins in South Korea Amid Massive Rally – Here’s the List
Trading Volume Explodes in 5 Altcoins in South Korea Amid Massive Rally – Here’s the List
Unbelievable increases in trading volume are being experienced in 5 altcoins on Upbit, South Korea's largest cryptocurrency exchange. Continue Reading: Trading Volume Explodes in 5 Altcoins in South Korea Amid Massive Rally – Here’s the List
IOST
IOST
LOOM
LOOM
KAVA
KAVA
ZRX
ZRX
Bitcoin Sistemi
12 Nov 2024 | 05:50
XRP Price Prediction: Will XRP Reach $1 After Bitcoin Frenzy?
XRP Price Prediction: Will XRP Reach $1 After Bitcoin Frenzy?
Bitcoin has reached a high of around $86,000. XRP still trails its previous all-time high, sparking speculation on whether it can soon catch up.
XRP
XRP
CryptoTicker
12 Nov 2024 | 05:21
HBAR price prediction 2024-2030: Hedera Hashgraph soon to retest its ATH?
HBAR price prediction 2024-2030: Hedera Hashgraph soon to retest its ATH?
Key takeaways Hedera Hashgraph (HBAR) cryptocurrency is one of the altcoins that enjoyed the bullish crypto market of 2021. As a result, traders and investors have since taken a keen interest in the digital coin. Moreover, the Hedera Hashgraph network shows prospects of becoming a force to reckon with within the blockchain space.  Every crypto […]
HBAR
HBAR
Cryptopolitan
12 Nov 2024 | 05:09
100% Bitcoin Addresses in Profit: What Next?
100% Bitcoin Addresses in Profit: What Next?
Bitcoin has once again caused a stir around the financial world, with the price of a coin pushing over $85,000. This new high of the cryptocurrency comes when the world economy is swinging back and forth.  Bitcoin has crossed into what some analysts call the ‘Banana zone,’ a period of scorching upward momentum featuring extreme hype. […] The post 100% Bitcoin Addresses in Profit: What Next? appeared first on The Coin Republic.
BTC
BTC
The Coin Republic
12 Nov 2024 | 04:35
Deutsche Telekom Joins Forces with Meta Pool to Pioneer Decentralized AI on NEAR Protocol
Deutsche Telekom Joins Forces with Meta Pool to Pioneer Decentralized AI on NEAR Protocol
Mendoza, Argentina, 12th November 2024, Chainwire The post Deutsche Telekom Joins Forces with Meta Pool to Pioneer Decentralized AI on NEAR Protocol appeared first on ETHNews.
NEAR
NEAR
ETHNews
12 Nov 2024 | 04:02
AVAX Aims High & BNB Targets Breakout – Monsta Mash ‘10 Launch’ Gains Momentum
AVAX Aims High & BNB Targets Breakout – Monsta Mash ‘10 Launch’ Gains Momentum
AVAX is famous for its speed and efficiency and is a solid choice for developers. Binance, on the other hand, is a trading giant that is constantly innovating to attract users. Things look interesting in the gaming sector, as the blockchain gaming market might reach $38 billion by 2025. With Play-to-Earn models gaining traction, platforms […] The post AVAX Aims High & BNB Targets Breakout – Monsta Mash ‘10 Launch’ Gains Momentum appeared first on The Coin Republic.
BNB
BNB
AVAX
AVAX
The Coin Republic
12 Nov 2024 | 03:18
Qubetics, Cardano, And Algorand Take The Lead Of The Best Coins In November 2024
Qubetics, Cardano, And Algorand Take The Lead Of The Best Coins In November 2024
Cryptocurrencies have exploded in popularity over the past decade, moving from niche digital assets to global financial game-changers. Today, the crypto market is full of innovation, with new projects emerging every day. Whether it’s for trading, investing, or decentralized applications (dApps), the blockchain space is alive with potential. Still, let’s be honest: not every crypto […] The post Qubetics, Cardano, And Algorand Take The Lead Of The Best Coins In November 2024 appeared first on The Coin Republic.
ADA
ADA
ALGO
ALGO
The Coin Republic
12 Nov 2024 | 02:14
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