Bitcoin price today: hits record high above $74k as early votes boost Trump trade

Bitcoin just topped its previous peak price from March in the latest surge amid strong ETF demand and a crypto-tinged U.S.

The dollar rallied broadly on Wednesday as early exit polls in the extremely close U.S. presidential election appeared to give an edge to Republican Donald Trump. With 10.1% of the vote counted in key battleground state Georgia, Trump had 60.9% to Democrat Kamala Harris' 38.6%, according to Edison Research. Trump won eight states in the election while Harris captured three states and Washington, D.C., Edison Research projected.

The altcoin season could occur next year, based on the dominance chart of Bitcoin, Ethereum, and two of the leading stablecoins.

The worst case scenario for risk assets including cryptocurrencies would be a delayed or contested election where the result is unknown for weeks, one observer noted.

EigenLayer expands Bitcoin restaking options, attracting BTC holders with new yield opportunities, and TVL reacts.

Market seeing strong recovery, securing possibility of trend continuation

Prices for cryptocurrency assets rose on Tuesday as investors anticipate the results of the U.S. election and what it could mean for regulation in the industry.

(Bloomberg) -- Bitcoin held onto its biggest gain in a week as traders around the world awaited results of a US presidential election that pits digital-asset supporter Donald Trump against Kamala Harris, who served as vice president during a government crackdown on the industry.Most Read from BloombergParis Restricts Through Traffic in City CenterFrom Housing to Immigration, Key Ballot Initiatives and Local Races to FollowIstanbul Tries Free Public Transit to Help Job SeekersIn Warsaw, Falling R

MicroStrategy Inc. (NASDAQ:MSTR), a stock considered an alternative to Bitcoin (CRYPTO: BTC) investment, received a bullish signal from moving average (MA) technical indicators. What happened: According to the financial market analytics platform TradingView, nearly all of the simple and exponential MAs flashed a “Buy” rating for the stock, culminating in a net “Strong Buy” signal. Don’t Miss: Dogecoin millionaires are increasing – investors with $1M+ in DOGE revealed! Over the last five years, t

Bitwise’s CIO has said while Washington can alter the trajectory of the crypto market by speeding things up or slowing them down, it can’t stop it.

The Bitcoin market is seeing a shift as long-term holders show a cautious approach to selling, even with rising prices.

Bitcoin hits $70,000 amid US election uncertainty, with potential gains ahead. Learn why past trends and on-chain data are optimistic.

As Americans await poll results, analysts are already spotting signs of how Bitcoin traders are playing potential Trump or Harris wins.

Bitcoin and Ethereum ETFs reversed course after last week's big gains.

The blog post by Josh Stark comes amid the pair ETH/BTC hitting its lowest point since April 2021, at 0.03493 BTC.

Bitcoin has been volatile Tuesday as voters choose the next American president, but Solana, Dogecoin, and other coins are rising even faster.

Bitcoin mining operators are adapting to rising costs by leveraging AI technologies to enhance efficiency in a challenging landscape.

Bitcoin has experienced wild price swings since Vice President Kamala Harris announced her candidacy for the U.S. Presidential election in July 2024.

Gold is really "boring," according to the leading ETF analyst

Bitcoin Hits $70,000, While Bears Face 860% Liquidation Imbalance

Michael Saylor Issues 'Bitcoin Capitol' Tweet as BTC Seeks to Regain $70,000

As Bitcoin poises for upside regardless of the outcome, the altcoins' landscape would vary heavily after the results are out.

The volume of withdrawals has reached its highest level since May.

Bitcoin attempts recovery after last week's crash but Mt. Gox-related FUD threatens to send prices lower in the coming days.

The company needs financing conditions to remain agreeable, and there needs to be continued investor demand for the firm's convertible debt, the report said.

(Bloomberg) -- After generally underperforming Bitcoin during much of this year, smaller cryptocurrencies such as Doge and Solana may end up having the most at stake following the conclusion of the US presidential election. Most Read from BloombergFrom Housing to Immigration, Key Ballot Initiatives and Local Races to FollowParis Restricts Through Traffic in City CenterIstanbul Tries Free Public Transit to Help Job SeekersIn Warsaw, Falling Road Deaths Signal a Traffic Safety TurnaroundBitcoin ro

Bitcoin bulls have pushed the price of the leading cryptocurrency above the $70,000 level

Mt. Gox’s $2.2 billion Bitcoin transfer shakes markets amid an extended repayment timeline, prolonging uncertainty for creditors and traders.

As the presidential election has finally arrived, Bitcoin's destiny is at stake—will it break $100K or sink below $50K?

Bitcoin rockets 860% in abnormal bear liquidation imbalance amid $70,000 BTC

The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 5, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Semler Scientific, a company known for its focus on healthcare diagnostics, makes news for Bitcoin [BTC] accumulation

Bitcoin strives to break out, MicroStrategy's Saylor supports it with bullish tweet

Scaling solution for the Bitcoin network exSat Network has launched staking just under two weeks after the mainnet launch

Here is a 2-minute breakdown of everything important that happened in crypto today.

As the adoption of cryptocurrency increases, major American companies are incorporating Bitcoin onto their balance sheet as an investment and store of value.

Bitcoin Open interest drops sharply ahead of U.S. election week, highlighting rising caution among traders.

Defunct crypto exchange Mt. Gox has moved another $2.19 billion to two unmarked wallets, according to data from blockchain analytics firm Arkham.

The UK-based pension scheme has allocated 3% of its assets to Bitcoin, following the recommendation of the pension advisory firm Cartwright.

Ohio and Montana lead high-stakes Senate battles as crypto backs candidates with millions.

Cardano smashed its personal performance records in October

Semler Scientific plans to keep buying more Bitcoin

Uncertainty over who will lead the U.S. has led to near record outflows from Bitcoin ETFs.

Bitcoin’s price once again failed to reach a new all-time high last week. However, the bull market might be far from over. Technical Analysis By Edris

The Bitcoin hashrate, on a seven-day moving average, hit a record high of 755 EH/s last week.

Bitcoin Mining Difficulty Returns to Peak Levels

Zeebu Announces Successful $ZBU Token Burn for Q4 2024, Exceeding $1.1 Billion