Donald Trump wins big; BTC price hits $75k as DOGE and DTX pumping 30%
The post Donald Trump wins big; BTC price hits $75k as DOGE and DTX pumping 30% appeared on BitcoinEthereumNews.com.
Cardano and Ripple may rise with a pro-crypto U.S. president, as PCHAIN’s presale surges by 208%. Donald Trump has secured a historic victory in the US election with 277 electoral votes. These unofficial results, covered by global media, pushed financial giants to enter Bitcoin and other altcoins, pumping their prices to new all-time highs. Today, BTC’s price touched the $75K mark, and Dogecoin (DOGE) has also stormed past the $0.2 milestone with double-digit gains. With the crypto market nearing a $2.5T market cap with surging whale investments, BTC price is expected to display a bullish rally toward $90K. Dogecoin is also pumping hard alongside DTX Exchange, ready to flip ranking tables with sky-high gains in the upcoming weeks. BTC price makes a new ATH after hitting $75,000 BTC price has recorded a new all-time high at $75,000 as Donald Trump’s victory becomes clear. Institutional interest is also rising in Bitcoin as the Trump administration is expected to introduce crypto-friendly regulations, especially pumping BTC prices to higher price levels. This bullish trend in BTC price is expected to continue for the rest of the month as large stakeholders accumulate. While the Spot Bitcoin ETF noticed high outflows after the BTC price made a new all-time high, some analysts also play safe before it gains solid support above $74K. Expected short-liquidations by paper hands might cause a minor correction for BTC price, but large investors hold tight on their BTC holdings for a bullish trend to the $100K level this month. Dogecoin leads meme rally with 620M buying spree Dogecoin price has been one of the top gainers among memecoins as the crypto sector grows by 9.5% in a day. According to on-chain data, over 620M DOGE were recently added to whales’ wallets. As the memecoins’ price rally comes in full swing,…
Filed under: News - @ November 7, 2024 8:17 pm