Bitcoin Hits New Record With $91,938 High, Market Cap Reaches $1.8 Trillion

November 13, 2024 Bitcoin.com

Bitcoin

Bitcoin’s price has once again made history reaching $91,938 on Wednesday morning. BTC Soars Above $91K in Unprecedented Rally Bitcoin (BTC) has broken through the $91,000 mark, reaching a new peak of $91,938 early Wednesday. The surge follows a day’s start at $85,847.86, marking a considerable leap in value. Bitcoin’s latest performance pushes its market […]

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Here’s why Bitcoin traders really want to punch through $90K

November 13, 2024 Coin Telegraph

<div>Here's why Bitcoin traders really want to punch through K</div>

bitcoin all-time high

Bitcoin hit $90,000, but holding it is proving to be a challenge. Cointelegraph explains why.

Bitcoin (BTC) price is trying to punch through the $90,000 level but encountering some pushback. Let’s briefly explore why.

On the BTC/USDT 1-hour chart, one can observe a block of sell orders at $90,000. As BTC price runs into these asks, the selling adds a bit of gravity to the price momentum, and the price pulls back slightly. Another block of asks can also be observed at $91,150.

BTC/USDT 1-hour chart. Source: TRDR.io

Cosmos co-founder proposes peer-to-peer clearing system in white paper

Bitcoin pushes past $90K amid meteoric 24-hour rally

November 12, 2024 Coin Telegraph

Bitcoin pushes past K amid meteoric 24-hour rally

bitcoin 90k

Bitcoin has notched another major milestone, topping $90,000 for the first time following the election of Donald Trump as the next US president.

The price of Bitcoin has just crossed $90,000, the latest milestone in a record-breaking rally since Donald Trump won the 2024 United States presidential election.

Bitcoin (BTC) hit a peak of $90,000 on Coinbase at 12:56 PST on Nov. 12 and is up 11% over the past day, per TradingView data.

The cryptocurrency is now just over 11% away from reaching $100,000.

Cosmos co-founder proposes peer-to-peer clearing system in white paper

Bitcoin Hits Record High, but the Rainbow Chart Hints at Even Wilder Rides Ahead

November 12, 2024 Bitcoin.com

Bitcoin

While bitcoin recently hit a record-breaking $89,983, the widely followed rainbow chart—known for illustrating bitcoin’s long-term price movements and market sentiment on a logarithmic scale—sits surprisingly low compared to previous bull run peaks. The Popular Bitcoin Rainbow Chart Teases Six-Figure Future Bitcoin has been on a wild ride over the past month, with prices suggesting […]

Cosmos co-founder proposes peer-to-peer clearing system in white paper

Crypto industry smashes all lobbying records in 2024, influencing US election

November 12, 2024 Coin Telegraph

Biden

The crypto lobby has made its mark on the US presidential elections.

The crypto industry smashed all lobbying records in 2024 as President-elect Donald Trump secured a second term to return to the White House.

All across America, in key battleground states, money from crypto lobbyists made its mark. One of the biggest wins came in Ohio, where Republican Bernie Moreno ousted Democrat Sherrod Brown at a cost to crypto lobbyists of $40 million.

Brown, a crypto skeptic, was also chair of the Senate Banking Committee. Moreno’s victory removes a major crypto roadblock in Washington.

Cosmos co-founder proposes peer-to-peer clearing system in white paper

Bitcoin Market Update: BTC Eyes $90,000 With Strong Support at $84,000

November 12, 2024 Bitcoin.com

Bitcoin

Bitcoin is holding strong near its recent highs, yet faces critical resistance at the psychological $90,000 range, signaling potential consolidation or a correction as sellers enter the market. Bitcoin On the daily chart, bitcoin’s bullish momentum is evident, with prices soaring from approximately $60,000 to a peak near $90,000. This substantial gain shows continued demand; […]

Cosmos co-founder proposes peer-to-peer clearing system in white paper

‘Volmageddon’ — Bitcoin ETFs, Coinbase, MicroStrategy trading vol hits $38B

November 12, 2024 Coin Telegraph

<div>'Volmageddon' — Bitcoin ETFs, Coinbase, MicroStrategy trading vol hits B</div>

All-Time High Price

The combined daily trading volume of shares in MicroStrategy, Coinbase and Bitcoin ETFs hit $38 billion as Bitcoin breached $89,000.

Bitcoin’s 11% rally to $89,500 on Nov. 11 has pushed United States spot Bitcoin exchange-traded funds (ETFs), MicroStrategy Inc (MSTR) and Coinbase Global Inc (COIN) to a record $38 billion in combined daily trading volume.

The record day far surpassed the previous high of around $25 million set in March amid Bitcoin (BTC) breaking through a long-held price peak, according to Bloomberg Intelligence data cited by Bloomberg ETF analyst Eric Balchunas.

“Lifetime records being set all over the place,” Balchunas said. He noted that BlackRock’s iShares Bitcoin Trust ETF (IBIT) alone saw a record $4.5 billion in trading volume.

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Bitcoin price will hit $1M, but at what cost? — Michaël van de Poppe

November 11, 2024 Coin Telegraph

Bitcoin price will hit M, but at what cost? — Michaël van de Poppe

Altcoins

Trader and investor Michaël van de Poppe says many in the crypto community underappreciate the impact of America’s ballooning debt.

Bitcoin is officially back in a bull market and could potentially hit $1 million per coin in the next few years, according to trader and investor Michaël van de Poppe.

However, the founder of MN Consultancy, MN Capital and MN Academy warned that a $1 million Bitcoin (BTC) price might come alongside a much broader debt crisis that could wreck the price of all assets in the short term.

Van de Poppe sat down with Decentralize with Cointelegraph host Jonathan DeYoung at DKGcon 2024 in Amsterdam for an exclusive interview to discuss the state of the Bitcoin bull market, whether an altseason is on the horizon, the impact of a Donald Trump presidency, and more.

Cosmos co-founder proposes peer-to-peer clearing system in white paper

Bitcoin Taps $84,995 All-Time High: Market Cap Hits $1.68 Trillion as FOMO Sets In

November 11, 2024 Bitcoin.com

Bitcoin

On Monday, bitcoin’s price crossed the $84,000 mark, pushing its market cap to $1.68 trillion. This rise marked a boost of over 7% against the U.S. dollar compared to the previous day. BTC Fever— Bitcoin Smashes $84K, Sparks Optimism for Digital Gold’s Future Bitcoin’s leap above $84,000 on Monday has fueled fresh excitement in the […]

Cosmos co-founder proposes peer-to-peer clearing system in white paper

Bitcoin on track for $85K, breaks record $82.4K ‘uncharted territory’

November 11, 2024 Coin Telegraph

Bitcoin

Increasingly more analysts expect Bitcoin to breach the $100,000 mark before the end of 2024 as investor appetite was bolstered by Trump’s presidential victory.

Bitcoin is trading in uncharted territory, potentially approaching the six-figure price tag for the first time in history following Donald Trump’s victory in the United States presidential election.

The Bitcoin (BTC) price broke above a new high of $82,410 at 10:19 am UTC on Nov. 11, Bitstamp data shows.

BTC/USD, 1-month chart. Source: TradingView

Bitcoin Price