Donald Trump

United

<ul class="wp-block-list news-points">
 <li>Bitcoin has hit a new all-time high, breaking $76,000 for the first time.</li>
 <li>Crypto-friendly Donald Trump won the 2024 presidential elections.</li>
 <li>CNBC expects BTC to touch $100K before the presidential inauguration.</li>
</ul>
Bitcoin (BTC), valued at $1.4 trillion, has reached a new all-time high in the last 24 hours, breaking past the $76,000 level for the first time. The new record for the leading cryptocurrency is $76,460.15, achieved after rebounding from a daily low of $72,733.32.
Data from <a href="https://coinmarketcap.com/currencies/bitcoin/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap</a> shows Bitcoin trading volume increased by 30.20% to $96.97 billion in the past 24 hours. As of this writing, BTC is priced at $74,929.44, a 2.05% drop from its peak. Over the past week, Bitcoin has risen 3.64%, with a remarkable 19.41% increase in the last 30 days.
<h2 class="wp-block-heading" id="h-trump-s-election-win-fuels-bitcoin-rally-the-trump-trade-effect">Trump’s Election Win Fuels Bitcoin Rally: The “Trump Trade” Effect</h2>
Bitcoin skyrocketed following Donald Trump’s victory in the 2024 United States presidential elections, where he secured a majority with 295 electoral votes. This surge reflects what some analysts are calling the “Trump Trade”—a market response driven by expectations of pro-business policies and reduced regulatory hurdles. … 
The post <a href="https://coinedition.com/bitcoins-76k-surge-highlights-the-trump-trade-effect/" rel="noopener noreferrer nofollow">Bitcoin’s $76K Surge Highlights the “Trump Trade” Effect</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Bitcoin’s $76K Surge Highlights the “Trump Trade” Effect

Table of Contents

Coin Edition

Other articles published on Nov 7, 2024

Why Dogizen ICO Will Outperform TON as the 2025 Bull Run Ramps Up

PLYR Game Nights: A November Packed with Gaming and Prizes!

Bitcoin Hits Record High as BlackRock's IBIT Sets New Trading Volume Milestone

Bullish Aave Targets $230 Despite Whale Deposits to CEXs

How High Can Ethena (ENA) Move After Flashing Bullish Signals?

Hong Kong Stock Exchange to Launch Unified Bitcoin and Ethereum Index

Join our free newsletter for daily crypto updates!