Boutique Media & consulting group

BTC
$76253
ETH
$2911
BNB
$591
XRP
$0.55
ADA
$0.45

Bitcoin Reaches New $75K High as Trump Leads Early in Election

News | Blockchain | by Max Cosmo | November 6, 2024 |
769
All Time HighbitcoinBTCCoinbaseDonald TrumpNew York Trading SessionTradingViewUS Presidential ElectionVolatility

Bitcoin surged past $73,800 for the first time since March 13, briefly hitting $75,000, as early election results showed Donald Trump in the lead.

At the start of the New York trading session, Bitcoin (BTC) rallied over 3%, reaching an intra-day high of $70,577 amid election-related volatility in the crypto market.

Several hours after the US trading day ended on November 5, Bitcoin hit a new all-time high of $75,000.85 at 3:08 am UTC on November 6 on Coinbase, according to TradingView.

Early election results from the Associated Press showed Trump leading with 198 electoral college votes compared to Kamala Harris’ 112 as of 3:30 am UTC on November 6. A minimum of 270 electoral votes is required to win.

Throughout 2024, traders have been optimistic about Bitcoin’s price potential if Republican presidential candidate Donald Trump wins the election. Both Republican and Democratic candidates have adjusted their policy views on cryptocurrency regulation over the year.

Sentiment: Positive

Leave a reply

Leave a Reply

Film News

The World of Web3 – A New Film by #TheFutureisNowFilm Series Creates Mass Adoption for Web3

This article originally appeared on the front page of Live Bitcoin News on June 2nd 2023. Have you ever wondered what it’s […]

by Miguel Francis-Santiago

June 12, 2023

Brock Pierce Gives His COVID-19 Global Awakening Take on The Future is Now Digest “Bear Markets Bear The Fruits”

The Future is Now Media Group have launched a YouTube show called The Future is Now Digest, hosted by Miguel Francis-Santiago. Together […]

by Katerina Futur

April 30, 2020

The Rise of The New World with AKON at AIBC Summit 2019 Winter Edition – SEC, Libra, TON & Plethora of Innovators Shaping The Future

Our roving crypto documentary The Future is Now travels to Malta for the 3rd time! Episode 10 “The Rise of The New […]

by Andrew Sarkar

March 7, 2020

The Future is Now Heads for Hong Kong’s Chain2020 – First Stop of The New Year!

PRESS RELEASE — 10,000 participants are expected to join CHAIN2020 in Hong Kong on January 15, which aims to become one of […]

by Andrew Sarkar

December 27, 2019

Market Analysis

Possible Pullback to $78,777 After Reaching New All-Time High
November 8, 2024
XRP Long-Term Investors Questioning Breakout at $0.51
November 4, 2024
AI’s Bitcoin Revolution
November 1, 2024
Tether Reports Record $2.5 Billion Profit in Q3, $7.7 Billion Total in 9 Months
October 31, 2024
BNB Faces Strong Resistance at $600 Mark
October 30, 2024

Editor's choice

Possible Pullback to $78,777 After Reaching New All-Time High
November 8, 2024
New Stablecoin Tied to Dirham Set to Launch on TON Blockchain
November 7, 2024
Ethereum Profitability Analysis: Current Address Performance at $2,458
November 5, 2024
XRP Long-Term Investors Questioning Breakout at $0.51
November 4, 2024
AI’s Bitcoin Revolution
November 1, 2024

Latest news

Tether Reports Record $2.5 Billion Profit in Q3, $7.7 Billion Total in 9 Months
October 31, 2024
BNB Faces Strong Resistance at $600 Mark
October 30, 2024
Bitcoin’s Price Surpasses $70,000 Peak
October 29, 2024
PayPal Reports Solid Q3 Results, 6% Revenue Growth
October 28, 2024
December Dread: Analyst Forecasts Potential Ethereum Collapse
October 24, 2024

See also

Tether Reports Record $2.5 Billion Profit in Q3, $7.7 Billion Total in 9 Months

The stablecoin issuer Tether achieved a record profit of $2.5 billion in the third quarter of this year, bringing its total profit […]

by Max Cosmo

October 31, 2024

BNB Faces Strong Resistance at $600 Mark

Since the price surge on September 23, Binance Chain’s native token (BNB) has fluctuated within a range. Over the past month, the […]

by Max Cosmo

October 30, 2024

Bitcoin’s Price Surpasses $70,000 Peak

Bitcoin (BTC) has been on the rise, breaking through the $69,000 resistance zone. This marks the third time Bitcoin has surpassed this […]

by Max Cosmo

October 29, 2024