Following Donald Trump’s victory, the crypto market attention is now on the upcoming FOMC meeting, where the Federal Reserve is expected to announce a potential 0.25% rate cut potentially driving Bitcoin price to $100K.
Bitcoin hits new highs as Trump’s pro-crypto win sparks investor optimism, fueling extreme greed and bullish trends across the crypto market.
BlackRock’s IBIT set a trading record as Bitcoin ETFs bounced back with significant inflows, while Bitcoin itself climbed to $75,000.
Pro-crypto candidates lead US elections, boosting Bitcoin to record highs amid growing optimism for crypto-friendly policies under potential Trump presidency.
Following the announcement of Donald Trump as the next US President, Dogecoin (DOGE) led the meme coin sector with a 28% gain.
Bitcoin ETFs posted $116.8 million in inflows on US election day, despite Bitcoin’s surge to $75,000.
The entire crypto market surged over 6% in tandem with Bitcoin price as whale investors rushed to trade the election-induced volatility.
The initial excitement around the project has so far proven to be temporary.
The US spot Bitcoin ETFs registered a notable net cash outflow on Monday after recording more than $2.2 billion in cash inflows last week.
The crypto market is bracing for heightened volatility ahead of the Us election results, with Bitcoin dominance reaching its highest level since March 2021, while altcoins face a stronger correction.
Bitcoin price is expected to significantly benefit in the long haul from the ongoing shift in monetary policies in major economies geared towards growth.
The TON blockchain has introduced two crucial updates dubbed v2024.10 and FunC 0.4.5.
The majority of the US spot Bitcoin ETF issuers registered notable cash outflows apart from BlackRock’s IBIT which continued with its accumulation.
The US SEC has officially confirmed the XRP ETF application from Grayscale Investments
Bitcoin price will likely end October in a bullish narrative, which will extend in the remaining weeks of 2024 amid high-impact news ahead.