Bitcoin

2024 - 11 - 6

When Trump Wins, Bitcoin Soars: The Unlikely Duo Making History!

Dow Jones -- Tesla -- Trump policies -- US -- s&p 500 Bitcoin - crypto industry - cryptocurrency - Donald Trump - economic recovery - financial landscape - stock market - US election - Dow Jones - Tesla - Trump policies - US - s&p 500

Bitcoin hits a staggering record high of $75,000 following Trump’s election victory! Are you investing wisely or just waiting for the next meme?

In a twist that seems straight out of a financial thriller, Bitcoin has smashed through the $75,000 ceiling, landing at a jaw-dropping record of $75,273.47! This meteoric rise coincides with Donald Trump's stunning electoral win, which has left both Wall Street and cryptocurrency enthusiasts doing an unexpected happy dance. As mainstream media covers everything from stock market surges to crypto wallets overflowing, investors are left wondering: is this the start of a crypto revolution, or just a flash in the pan fueled by populist fervor?

Following Trump’s victory, the financial landscape shifted dramatically. Major US stock indexes flew high, while renewable energy stocks felt the sting of the election. Meanwhile, the dollar took on a bullish turn and stocks belonging to Trump’s media ventures skyrocketed more than a third! This unique cocktail of political victory and market performance isn't just about numbers; it’s about the cultural impact generated by the intersection of politics and cryptocurrency, especially for those betting big on Bitcoin.

Experts are speculating: could Bitcoin flirt with the $100K mark soon? With pro-crypto advocates gaining traction in Congress, the future looks bright for crypto investors. The markets mirror a suspenseful race, where every turnaround invites new strategies and whispers of the so-called “Trump trade.” From meme coins to digital gold, investors are anxiously awaiting what the next chapter holds for Bitcoin amidst political gains and global admiration.

Interestingly, Bitcoin seemed to play its own role during the election day, acting almost like a live election scoreboard as its price climbed alongside Trump's lead. It's not just a cryptocurrency; it's become a cultural phenomena intertwined with political events. With a perfect storm brewing, could we see Bitcoin reach new heights, leaving traditional finance in the dust?

In addition to its recent success, it's worth noting that Bitcoin’s meteoric rise also highlights a growing trend of institutional investments in cryptocurrencies. Funds, financial institutions, and even some governments are beginning to accept Bitcoin not just as a digital asset, but as a legitimate form of currency. As Trump steps into power, we might see more of these developments take place.

Let’s not forget the wild ride of the ever-volatile cryptocurrency market! Bitcoin's journey from being a niche tech curiosity to a mainstream financial asset has captured the imagination of millions. Buckle up; it's a fascinating journey filled with unpredictability, and it looks like it's just getting started!

Post cover
Image courtesy of "Financial Times"

Bitcoin hits record above $75000 as crypto industry celebrates ... (Financial Times)

Bitcoin surged to a record high on Wednesday as crypto investors celebrated the election victory of Donald Trump, who has pledged to make the US “the ...

Post cover
Image courtesy of "The Guardian"

Wall Street and bitcoin soar to record highs as Trump wins US election (The Guardian)

Dollar up and renewable energy stocks down, while shares in president-elect's media business rise by more than a third.

Post cover
Image courtesy of "BBC News"

US shares, Bitcoin hit record high and dollar soars on Trump win (BBC News)

Markets and currencies around the world shifted sharply on Wednesday following the US election news: The major US stock indexes soared, with banks performing ...

Post cover
Image courtesy of "iNews"

Bitcoin projected to reach above $80000 next year following Trump ... (iNews)

Here's what could happen to cryptocurrencies on the back of Donald Trump's successful presidential bid. FILE PHOTO: Representations of bitcoin are seen in ...

Post cover
Image courtesy of "This is Money"

Could bitcoin now hit $100k after Trump election win - and is it the ... (This is Money)

The cryptocurrency hit a new peak of $75273.47, soaring past the $75000 mark for the first time a Trump took the lead in the presidential race.

Post cover
Image courtesy of "FXStreet"

What's next for Bitcoin and Crypto industry following Trump's victory ... (FXStreet)

The 2024 US presidential election ended with pro-crypto advocates leading the House of Representatives, the Senate, and Donald Trump as the president-elect.

Post cover
Image courtesy of "City Index"

Bitcoin the Big Winner, USD and Stocks Surge on Trump Victory (City Index)

Markets are making big moves on the back of Trump's win and if House results confirm a Republican supermajority, there could be drive for even further highs ...

Post cover
Image courtesy of "NBC News"

'Trump trade' takes off: Tesla, Bitcoin and Truth Social boom in ... (NBC News)

The value of assets tied to Donald Trump — and those likely to benefit under his administration — surged in the wake of his decisive electoral victory on ...

Post cover
Image courtesy of "Forbes"

Bitcoin Price Became A Real-Time Outcome Indicator During The ... (Forbes)

The United States had a presidential election where Donald Trump was elected. Bitcoin price performed positive during the election day, making a new ATH on ...

Post cover
Image courtesy of "The Associated Press"

Bitcoin price hits record high as Trump's win boosts crypto (The Associated Press)

AP explains after Donald Trump was elected the 47th president of the United States on Wednesday in an extraordinary comeback for a former president who refused ...

Post cover
Image courtesy of "Forbes"

Bitcoin Surges To Fresh High Above $76000 After Trump Secures ... (Forbes)

Bitcoin markets rallied sharply today, sending the world's most popular digital currency to a fresh high after Donald Trump won his reelection bid.

Post cover
Image courtesy of "Fortune"

'Amazing awaits': Crypto leaders rejoice as Bitcoin rallies following ... (Fortune)

Republican candidate Donald Trump talks to reporters at a polling place in Palm Beach. Bitcoin reached a new all-time high as Trump narrowed in on victory. Chip ...

Post cover
Image courtesy of "Forbes"

'$100000 By 2025'—Donald Trump And Elon Musk Fuel Huge ... (Forbes)

Bitcoin has rocketed higher as Donald Trump clinched victory in the U.S. presidential election, setting up a "perfect storm" for the bitcoin price in weeks ...

Post cover
Image courtesy of "FXStreet"

Bitcoin open interest tops chart after hitting $75K 'sweet spot' (FXStreet)

Bitcoin Open Interest (OI) surged to a new all-time high as Bitcoin rallied to $75000, and several analysts suggest there could be more upside ahead.

Post cover
Image courtesy of "Barron's"

Stock Market Today: Dow Futures Rising After Trump Victory; Fed ... (Barron's)

Bitcoin was easing after reaching a record high on Wednesday following Donald Trump's U.S. presidential victory. "Trump's approach to finance and markets is ...

Post cover
Image courtesy of "FXStreet"

What next for Bitcoin after Trump win? Traders look to Fed rate cuts ... (FXStreet)

Bitcoin hit a new all-time high of $76000 following Donald Trump's election victory, reflecting a bullish market sentiment.

Post cover
Image courtesy of "Coindesk"

Bitcoin Registers Fourth-Best Day of 2024 as BlackRock ETF Posts ... (Coindesk)

BlackRock's iShares Bitcoin Trust registered $4.1 billion in volume traded as bitcoin broke out to all-time highs.

Explore the last week