Bitcoin

2024 - 11 - 10

Bitcoin Breaks $80K! Is Trump the Crypto Fairy Godmother?

BTC -- btc price -- dogecoin Bitcoin - cryptocurrency - Donald Trump - Ethereum - investment - stock market - XRP - BTC - btc price - dogecoin

Bitcoin has soared to $80K for the first time, thanks to Trump! Could we be heading for even crazier numbers?

In a stunning twist of market drama, Bitcoin has skyrocketed to an all-time high of $80,000, and it's making crypto aficionados do a double-take! The surge comes just in time to coincide with the buzz of Donald Trump’s latest political endeavors, as he dubs his administration as the potential "crypto capital of the world." This dizzying rise has sparked excitement across the crypto community, with many now speculating if Bitcoin will soon pull a rabbit out of the hat and reach the fabled $100,000 mark!

So what's behind this meteoric rise? In light of Trump’s decent showing in the elections, his pro-crypto rhetoric has breathed new life into the market. With an administration poised to pursue less regulation and more acceptance of digital assets, investors can’t help but feel a surge of optimism. Is it a coincidence that Bitcoin's price climbed right alongside Trump’s electoral victory? Probably not! Traders for weeks have been gearing up for this potential outcome, betting more than $2.8 billion on Bitcoin reaching even loftier heights, like $90,000.

Not only did Bitcoin make headlines, but Ethereum and XRP are also enjoying their rides on this bullish wave. These altcoins have seen promising gains, attracting attention from both institutional investors and retail traders eager to capitalize on the dynamic crypto landscape. As news of Bitcoin's surge spread like wildfire, crypto exchanges and platforms like Robinhood are also reaping the rewards, making waves of excitement ripple throughout the investment community.

As we ride this rollercoaster of digital currencies, it’s fascinating to consider not only the price movements but also the broader implications of Bitcoin’s rise. Historically, Bitcoin has been viewed as a “safe asset,” which many now hedge against political uncertainty, making it surprisingly resilient. In fact, the cryptocurrency has been the performance star of the year, outpacing traditional investments and providing a sanctuary in times of market turbulence. With the chaos of elections and the volatility of the market, Bitcoin has proven itself to be a digital gold of sorts—shiny, valuable, and now, more in demand than ever!

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Image courtesy of "CNBC"

Bitcoin hits $80000 for the first time as crypto traders bask in Trump ... (CNBC)

Bitcoin has been deemed a safe asset regardless of the outcome of the election. Ether and other coins, including payments coin XRP, have more to gain from a ...

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Image courtesy of "Fortune"

Bitcoin tops $80000 for first time as crypto continues to rally after ... (Fortune)

Trump has pledged to make the United States the "bitcoin and cryptocurrency capital of the world."

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Image courtesy of "Investor's Business Daily"

Bitcoin Tops $80000 Amid Trump Run. Next Stop $100K? (Investor's Business Daily)

Bitcoin topped $80000 Sunday amid a continued Donald Trump crypto run, good news for Robinhood and others. Is $100K coming soon?

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Image courtesy of "CNN"

Bitcoin hits $80000. Why Trump is boosting crypto (CNN)

Bitcoin on Sunday hit a new record above $80000. The world's largest cryptocurrency surged in the run-up to Tuesday's US presidential election, rose sharply ...

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Image courtesy of "Financial Times"

Bitcoin hits record high as Trump edges closer to full control of ... (Financial Times)

Cryptocurrency surges to $80000 for first time after decisive Republican win in presidential election.

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Image courtesy of "pymnts.com"

Bitcoin Reaches Record $80K Following Trump Victory | PYMNTS.com (pymnts.com)

Bitcoin's price reached a high of $80000 following Donald Trump's victory, seen as ushering in an era of pro-cryptocurrency government.

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Image courtesy of "Investopedia"

Bitcoin Price Tops $80000 for First Time (Investopedia)

Bitcoin traded above $80000 over the weekend, extending a run for the leading cryptocurrency, which got a lift from last week's election victory by Donald ...

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Image courtesy of "Forbes"

Institutions To FOMO: Why Ignoring Bitcoin May No Longer Be An ... (Forbes)

On November 5, the United States once again elected Donald Trump president. Running on a pro-crypto platform, Mr. Trump promised less regulation and more ...

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Image courtesy of "CNBC"

Over $2.8 billion bet on bitcoin topping $90000 as it hits all-time high (CNBC)

Bitcoin hit a new record high as futures premiums soared, in a clear sign that investors believe the record-run will continue.

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Image courtesy of "BBC News"

Bitcoin tops record $80000 as Trump nears sweep of US Congress (BBC News)

On the campaign trail the president-elect pledged to make America "the crypto capital of the planet".

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Image courtesy of "Reuters"

Bitcoin rises above $80000 for first time (Reuters)

Bitcoin was trading near record $80000 on Sunday after hitting it earlier in the session, following Donald Trump's decisive victory in the U.S. presidential ...

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Image courtesy of "Yahoo Finance"

Bitcoin Rises Above $81000 as Token Becomes Totem for Trump Era (Yahoo Finance)

(Bloomberg) -- Bitcoin rallied past $81000 for the first time, boosted by President-elect Donald Trump's embrace of digital assets and the prospect of a ...

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Image courtesy of "Reuters"

Bitcoin breaks $81000 as Trump's election turbocharges ... (Reuters)

Bitcoin soared to a record high above $81000 on Monday on expectations that cryptocurrencies will boom in a favourable regulatory environment following the ...

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Image courtesy of "CNBC"

Nomura names Japanese stocks that trade like bitcoin — and ... (CNBC)

Nomura has screened for Japanese stocks with "high bitcoin price sensitivity," following a surge in the cryptocurrency's price.

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Image courtesy of "Forbes"

Bitcoin Crosses $81000 For The First Time—Boosted By Trump's Win (Forbes)

The price of Bitcoin breached $81,000 for the first time late on Sunday and hit a record all-time high, continuing its post-election bull run as President-elect Donald Trump has promised to bolster the industry while several pro-crypto candidates won ...

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Image courtesy of "CNBC"

Bitcoin tops $82000 as crypto euphoria over Trump win shows no ... (CNBC)

Bitcoin hit another high Monday, as the rally in cryptocurrencies continued following President-elect Donald Trump's election win.

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Image courtesy of "The Guardian"

Bitcoin price tops $82000 for first time amid 'Trump pump' (The Guardian)

The share prices of listed cryptocurrency companies also appear poised to benefit. The crypto exchange Coinbase has jumped by 40% since the election result, and ...

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Image courtesy of "Bloomberg"

Crypto Buying Spree Puts Bitcoin on Cusp of 100% Rally This Year (Bloomberg)

A crypto buying spree is underway as traders bet that Trump will usher in a new era of digital asset investing.

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Image courtesy of "Reuters"

Wall Street looks to extend post-election gains; Bitcoin hits fresh record (Reuters)

Wall Street stocks looked to extend last week's rally on Monday amid mixed global markets at the start of a busy week while bitcoin raced to a new record ...

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Image courtesy of "Forbes"

Bitcoin Crosses $82000 For The First Time—Boosted By Trump's Win (Forbes)

The price of bitcoin reached a record high Sunday, continuing its post-election surge as President-elect Donald Trump has promised to bolster the industry.

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Image courtesy of "NBC News"

Price of bitcoin hits all-time high as Trump victory sinks in (NBC News)

The price of bitcoin hit an all-time high this weekend, a rally that started shortly after Donald Trump was declared the winner of the 2024 election.

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Image courtesy of "Reuters.com"

Bitcoin surge triggers billions in losses for crypto short traders after ... (Reuters.com)

Short sellers of cryptocurrency and blockchain-related stocks have suffered heavy losses since Nov. 6, after bitcoin surged to record highs, ...

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Image courtesy of "Yahoo Finance"

Bitcoin reaches record high near $85000 as crypto, Trump trades ... (Yahoo Finance)

Bitcoin and cryptocurrency related stocks have soared since Donal Trump won the presidential election on Nov. 6.

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Image courtesy of "Investor's Business Daily"

Bitcoin Clears Another Record. 'Buy Everything You Can,' Analyst ... (Investor's Business Daily)

President-elect Donald Trump was pro-crytpo during his campaign and is expected to offer a friendly regulatory regime for digital assets. That should provide a ...

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Image courtesy of "ABC News"

Bitcoin, dogecoin: Crypto prices surge amid investor enthusiasm ... (ABC News)

ABC News business reporter Alexis Christoforous on why markets and cryptocurrency are moving higher following Donald Trump's election win. The price of ...

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Image courtesy of "KFSN-TV"

Stock market today: Most of Wall Street rolls higher as bitcoin ... (KFSN-TV)

The cryptocurrency market saw huge moves over the weekend following the Fed's decision last week to cut interest rates by another quarter-point.

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Image courtesy of "The Wall Street Journal"

Stock Market News Today: Bitcoin Hits New Record; Tesla Stock ... (The Wall Street Journal)

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