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Bitcoin Bitcoin (BTC) $119,336.23 ↑ 0.65%
Ethereum Ethereum (ETH) $4,644.75 ↑ 8.35%
XRP XRP (XRP) $3.24 ↑ 3.51%
Tether USDt Tether USDt (USDT) $1.00 ↓ -0.02%
BNB BNB (BNB) $837.19 ↑ 3.89%
Solana Solana (SOL) $197.08 ↑ 12.95%
USDC USDC (USDC) $1.00 ↓ -0.01%
Dogecoin Dogecoin (DOGE) $0.24 ↑ 6.45%
TRON TRON (TRX) $0.35 ↑ 2.16%
Cardano Cardano (ADA) $0.85 ↑ 9.21%
Chainlink Chainlink (LINK) $23.96 ↑ 12.09%
Hyperliquid Hyperliquid (HYPE) $43.77 ↑ 1.95%
Stellar Stellar (XLM) $0.45 ↑ 3.16%
Sui Sui (SUI) $3.89 ↑ 6.31%
Bitcoin Cash Bitcoin Cash (BCH) $609.15 ↑ 2.79%
Hedera Hedera (HBAR) $0.26 ↑ 5.71%
Ethena USDe Ethena USDe (USDe) $1.00 ↓ -0.02%
Avalanche Avalanche (AVAX) $24.71 ↑ 7.77%
Litecoin Litecoin (LTC) $132.81 ↑ 11.00%
Toncoin Toncoin (TON) $3.45 ↑ 2.37%
UNUS SED LEO UNUS SED LEO (LEO) $9.22 ↑ 2.22%
Shiba Inu Shiba Inu (SHIB) $0.00 ↑ 5.37%
Uniswap Uniswap (UNI) $11.47 ↑ 1.75%
Polkadot Polkadot (DOT) $4.18 ↑ 7.98%
Dai Dai (DAI) $1.00 ↓ -0.03%
Cronos Cronos (CRO) $0.16 ↓ -0.80%
Ethena Ethena (ENA) $0.80 ↑ 0.85%
Pepe Pepe (PEPE) $0.00 ↑ 9.32%
Bitget Token Bitget Token (BGB) $4.44 ↑ 0.59%
Aave Aave (AAVE) $320.78 ↑ 8.03%
Monero Monero (XMR) $250.75 ↓ -3.69%
Bittensor Bittensor (TAO) $391.93 ↑ 8.42%
Ethereum Classic Ethereum Classic (ETC) $23.81 ↑ 6.89%
NEAR Protocol NEAR Protocol (NEAR) $2.83 ↑ 8.76%
Mantle Mantle (MNT) $1.04 ↑ 6.30%
Ondo Ondo (ONDO) $1.06 ↑ 7.62%
Aptos Aptos (APT) $4.79 ↑ 5.33%
Pi Pi (PI) $0.39 ↑ 1.85%
Internet Computer Internet Computer (ICP) $5.70 ↑ 6.37%
OKB OKB (OKB) $46.75 ↑ 1.50%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.25 ↑ 4.52%
Kaspa Kaspa (KAS) $0.10 ↑ 8.47%
Arbitrum Arbitrum (ARB) $0.48 ↑ 8.76%
Algorand Algorand (ALGO) $0.27 ↑ 6.88%
Pudgy Penguins Pudgy Penguins (PENGU) $0.04 ↑ 4.95%
VeChain VeChain (VET) $0.03 ↑ 5.41%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↓ -0.01%
Cosmos Cosmos (ATOM) $4.72 ↑ 5.08%
Bonk Bonk (BONK) $0.00 ↑ 8.23%
Render Render (RENDER) $4.11 ↑ 10.24%
GateToken GateToken (GT) $16.72 ↑ 1.97%
Worldcoin Worldcoin (WLD) $1.07 ↑ 8.57%
Sei Sei (SEI) $0.33 ↑ 7.91%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $9.30 ↑ 5.10%
Filecoin Filecoin (FIL) $2.64 ↑ 6.91%
Sky Sky (SKY) $0.08 ↓ -2.32%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.73 ↑ 5.55%
Story Story (IP) $5.62 ↓ -4.85%
Flare Flare (FLR) $0.02 ↑ 5.46%
Jupiter Jupiter (JUP) $0.54 ↑ 10.04%
SPX6900 SPX6900 (SPX) $1.78 ↑ 0.48%
KuCoin Token KuCoin Token (KCS) $12.28 ↑ 3.97%
Injective Injective (INJ) $14.93 ↑ 9.28%
Pump.fun Pump.fun (PUMP) $0.00 ↑ 14.60%
XDC Network XDC Network (XDC) $0.09 ↑ 1.62%
First Digital USD First Digital USD (FDUSD) $1.00 ↑ 0.01%
Four Four (FORM) $3.78 ↓ -1.28%
Celestia Celestia (TIA) $1.89 ↑ 10.97%
Quant Quant (QNT) $115.61 ↑ 5.00%
Lido DAO Lido DAO (LDO) $1.56 ↑ 4.83%
Optimism Optimism (OP) $0.79 ↑ 5.47%
Curve DAO Token Curve DAO Token (CRV) $1.01 ↑ 10.06%
Stacks Stacks (STX) $0.75 ↑ 4.93%
Immutable Immutable (IMX) $0.60 ↑ 6.71%
FLOKI FLOKI (FLOKI) $0.00 ↑ 7.62%
Fartcoin Fartcoin (FARTCOIN) $1.10 ↑ 27.58%
Aerodrome Finance Aerodrome Finance (AERO) $1.25 ↑ 12.47%
Ethereum Name Service Ethereum Name Service (ENS) $29.42 ↑ 4.78%
PayPal USD PayPal USD (PYUSD) $1.00 ↑ 0.05%
The Graph The Graph (GRT) $0.10 ↑ 9.10%
Conflux Conflux (CFX) $0.20 ↑ 3.80%
dogwifhat dogwifhat (WIF) $1.02 ↑ 12.18%
PancakeSwap PancakeSwap (CAKE) $2.86 ↑ 3.95%
PAX Gold PAX Gold (PAXG) $3,341.69 ↓ -0.20%
Raydium Raydium (RAY) $3.51 ↑ 13.85%
Kaia Kaia (KAIA) $0.15 ↑ 3.71%
JasmyCoin JasmyCoin (JASMY) $0.02 ↑ 10.81%
Sonic Sonic (S) $0.32 ↑ 6.41%
Pendle Pendle (PENDLE) $5.47 ↓ -0.40%
Tezos Tezos (XTZ) $0.86 ↑ 6.10%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $1.36 ↑ 3.76%
Theta Network Theta Network (THETA) $0.89 ↑ 6.31%
Nexo Nexo (NEXO) $1.37 ↑ 2.25%
Vaulta Vaulta (A) $0.55 ↑ 3.51%
IOTA IOTA (IOTA) $0.21 ↑ 6.95%
Tether Gold Tether Gold (XAUt) $3,348.08 ↓ -0.13%
Gala Gala (GALA) $0.02 ↑ 7.81%
The Sandbox The Sandbox (SAND) $0.30 ↑ 7.56%
Pyth Network Pyth Network (PYTH) $0.13 ↑ 8.24%
Morpho Morpho (MORPHO) $2.25 ↑ 8.04%
Bitcoin Bitcoin (BTC) $119,336.23 ↑ 0.65%
Ethereum Ethereum (ETH) $4,644.75 ↑ 8.35%
XRP XRP (XRP) $3.24 ↑ 3.51%
Tether USDt Tether USDt (USDT) $1.00 ↓ -0.02%
BNB BNB (BNB) $837.19 ↑ 3.89%
Solana Solana (SOL) $197.08 ↑ 12.95%
USDC USDC (USDC) $1.00 ↓ -0.01%
Dogecoin Dogecoin (DOGE) $0.24 ↑ 6.45%
TRON TRON (TRX) $0.35 ↑ 2.16%
Cardano Cardano (ADA) $0.85 ↑ 9.21%
Chainlink Chainlink (LINK) $23.96 ↑ 12.09%
Hyperliquid Hyperliquid (HYPE) $43.77 ↑ 1.95%
Stellar Stellar (XLM) $0.45 ↑ 3.16%
Sui Sui (SUI) $3.89 ↑ 6.31%
Bitcoin Cash Bitcoin Cash (BCH) $609.15 ↑ 2.79%
Hedera Hedera (HBAR) $0.26 ↑ 5.71%
Ethena USDe Ethena USDe (USDe) $1.00 ↓ -0.02%
Avalanche Avalanche (AVAX) $24.71 ↑ 7.77%
Litecoin Litecoin (LTC) $132.81 ↑ 11.00%
Toncoin Toncoin (TON) $3.45 ↑ 2.37%
UNUS SED LEO UNUS SED LEO (LEO) $9.22 ↑ 2.22%
Shiba Inu Shiba Inu (SHIB) $0.00 ↑ 5.37%
Uniswap Uniswap (UNI) $11.47 ↑ 1.75%
Polkadot Polkadot (DOT) $4.18 ↑ 7.98%
Dai Dai (DAI) $1.00 ↓ -0.03%
Cronos Cronos (CRO) $0.16 ↓ -0.80%
Ethena Ethena (ENA) $0.80 ↑ 0.85%
Pepe Pepe (PEPE) $0.00 ↑ 9.32%
Bitget Token Bitget Token (BGB) $4.44 ↑ 0.59%
Aave Aave (AAVE) $320.78 ↑ 8.03%
Monero Monero (XMR) $250.75 ↓ -3.69%
Bittensor Bittensor (TAO) $391.93 ↑ 8.42%
Ethereum Classic Ethereum Classic (ETC) $23.81 ↑ 6.89%
NEAR Protocol NEAR Protocol (NEAR) $2.83 ↑ 8.76%
Mantle Mantle (MNT) $1.04 ↑ 6.30%
Ondo Ondo (ONDO) $1.06 ↑ 7.62%
Aptos Aptos (APT) $4.79 ↑ 5.33%
Pi Pi (PI) $0.39 ↑ 1.85%
Internet Computer Internet Computer (ICP) $5.70 ↑ 6.37%
OKB OKB (OKB) $46.75 ↑ 1.50%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.25 ↑ 4.52%
Kaspa Kaspa (KAS) $0.10 ↑ 8.47%
Arbitrum Arbitrum (ARB) $0.48 ↑ 8.76%
Algorand Algorand (ALGO) $0.27 ↑ 6.88%
Pudgy Penguins Pudgy Penguins (PENGU) $0.04 ↑ 4.95%
VeChain VeChain (VET) $0.03 ↑ 5.41%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↓ -0.01%
Cosmos Cosmos (ATOM) $4.72 ↑ 5.08%
Bonk Bonk (BONK) $0.00 ↑ 8.23%
Render Render (RENDER) $4.11 ↑ 10.24%
GateToken GateToken (GT) $16.72 ↑ 1.97%
Worldcoin Worldcoin (WLD) $1.07 ↑ 8.57%
Sei Sei (SEI) $0.33 ↑ 7.91%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $9.30 ↑ 5.10%
Filecoin Filecoin (FIL) $2.64 ↑ 6.91%
Sky Sky (SKY) $0.08 ↓ -2.32%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.73 ↑ 5.55%
Story Story (IP) $5.62 ↓ -4.85%
Flare Flare (FLR) $0.02 ↑ 5.46%
Jupiter Jupiter (JUP) $0.54 ↑ 10.04%
SPX6900 SPX6900 (SPX) $1.78 ↑ 0.48%
KuCoin Token KuCoin Token (KCS) $12.28 ↑ 3.97%
Injective Injective (INJ) $14.93 ↑ 9.28%
Pump.fun Pump.fun (PUMP) $0.00 ↑ 14.60%
XDC Network XDC Network (XDC) $0.09 ↑ 1.62%
First Digital USD First Digital USD (FDUSD) $1.00 ↑ 0.01%
Four Four (FORM) $3.78 ↓ -1.28%
Celestia Celestia (TIA) $1.89 ↑ 10.97%
Quant Quant (QNT) $115.61 ↑ 5.00%
Lido DAO Lido DAO (LDO) $1.56 ↑ 4.83%
Optimism Optimism (OP) $0.79 ↑ 5.47%
Curve DAO Token Curve DAO Token (CRV) $1.01 ↑ 10.06%
Stacks Stacks (STX) $0.75 ↑ 4.93%
Immutable Immutable (IMX) $0.60 ↑ 6.71%
FLOKI FLOKI (FLOKI) $0.00 ↑ 7.62%
Fartcoin Fartcoin (FARTCOIN) $1.10 ↑ 27.58%
Aerodrome Finance Aerodrome Finance (AERO) $1.25 ↑ 12.47%
Ethereum Name Service Ethereum Name Service (ENS) $29.42 ↑ 4.78%
PayPal USD PayPal USD (PYUSD) $1.00 ↑ 0.05%
The Graph The Graph (GRT) $0.10 ↑ 9.10%
Conflux Conflux (CFX) $0.20 ↑ 3.80%
dogwifhat dogwifhat (WIF) $1.02 ↑ 12.18%
PancakeSwap PancakeSwap (CAKE) $2.86 ↑ 3.95%
PAX Gold PAX Gold (PAXG) $3,341.69 ↓ -0.20%
Raydium Raydium (RAY) $3.51 ↑ 13.85%
Kaia Kaia (KAIA) $0.15 ↑ 3.71%
JasmyCoin JasmyCoin (JASMY) $0.02 ↑ 10.81%
Sonic Sonic (S) $0.32 ↑ 6.41%
Pendle Pendle (PENDLE) $5.47 ↓ -0.40%
Tezos Tezos (XTZ) $0.86 ↑ 6.10%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $1.36 ↑ 3.76%
Theta Network Theta Network (THETA) $0.89 ↑ 6.31%
Nexo Nexo (NEXO) $1.37 ↑ 2.25%
Vaulta Vaulta (A) $0.55 ↑ 3.51%
IOTA IOTA (IOTA) $0.21 ↑ 6.95%
Tether Gold Tether Gold (XAUt) $3,348.08 ↓ -0.13%
Gala Gala (GALA) $0.02 ↑ 7.81%
The Sandbox The Sandbox (SAND) $0.30 ↑ 7.56%
Pyth Network Pyth Network (PYTH) $0.13 ↑ 8.24%
Morpho Morpho (MORPHO) $2.25 ↑ 8.04%
Home Cryptocurrency

Trump’s Potential Victory Paves Path for Bitcoin’s $100,000 Target

Gezim Osmani by Gezim Osmani
6 November 2024
in Cryptocurrency, News
Reading Time: 2 mins read
0
Bitcoin is potential rise to 100000 amid U.S. election developments and Federal Reserve decisions. The sc

With the U.S. election approaching and anticipation of a Federal Reserve interest rate cut, Bitcoin and the crypto market are reaching new heights. Donald Trump’s crypto-friendly promises and strong likelihood of victory have helped Bitcoin achieve its all-time high, pushing the market into a frenzy.

Qubetics is 728x90 1 1

Table of Contents

Toggle
    • YOU MAY BE INTERESTED
    • Dogecoin Price Prediction: DOGE Pushes Higher as Stage 17 Cat Aims for 312% ROI
    • Notcoin’s Lowest Price Window Closed – MoonBull Could Be the Next 100x Crypto to Watch, Secure Your Whitelist Spot Now
  • Trump’s Crypto Stance Sparks Bitcoin Surge
  • Memecoins and Altcoins Show Strong Gains
  • Bitcoin Rally Triggers Massive Liquidations
  • Federal Reserve’s Rate Cut Could Fuel a New Bull Market

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Trump’s Crypto Stance Sparks Bitcoin Surge

As Trump’s chance of victory climbs to 88%, investor optimism surrounding his pro-crypto policies has boosted Bitcoin to an impressive $75,000+. Trump’s promise to foster a crypto-friendly environment in the U.S. has investors increasingly confident, with some analysts suggesting Bitcoin could swiftly reach $90,000 or even $200,000 by 2025. According to Frederick Collins, CEO of crypto data platform VeloData, “Trump’s lead in the polls is directly impacting Bitcoin’s price movement, making it an appealing investment amid election-driven volatility.”

Memecoins and Altcoins Show Strong Gains

Trump’s potential win has also spurred notable movement in memecoins. Dogecoin (DOGE) led the pack, surging 28% in a single day, while Solana and other altcoins gained traction. As excitement rises across the crypto market, Turkish NY Radio has observed increasing interest in high-growth assets driven by Trump’s pro-crypto rhetoric.

BTC.D 2024 11 06 09 32 44 2048x564 1

Bitcoin Rally Triggers Massive Liquidations

Bitcoin’s record-breaking price surge has led to the liquidation of $350 million in short positions in the last hour alone. With Bitcoin dominance now above 60%, crypto analyst Benjamin Cowen expects BTC’s market share to continue rising. This upward momentum persists even as Bitcoin ETFs experienced a record $541 million outflow earlier this week.

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Bitwise CIO Matt Hougan remains bullish, saying, “Crypto will continue to grow regardless of the election outcome. Washington can’t hold back Bitcoin, Ethereum, and stablecoins.”

Federal Reserve’s Rate Cut Could Fuel a New Bull Market

Adding to the optimism, the upcoming Federal Open Market Committee (FOMC) meeting is set to take place tomorrow. Analysts expect the Federal Reserve to cut interest rates by 25 basis points, which would inject liquidity into the market and potentially ignite a new bull run in the crypto sector. According to Steven Blitz, TS Lombard’s chief U.S. economist, “The likelihood of a 50 basis point cut by December is nearly certain,” suggesting further support for the crypto market’s growth.

As the U.S. election and Federal Reserve decisions loom, Bitcoin and the broader crypto market are positioned for potentially unprecedented gains.

Tags: bitcoinBitcoin Dominancecrypto marketfederal reservePro-Crypto Policies
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Bitcoin Surpasses $75,000: A New Record Amid U.S. Election-Driven Market Surge

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Gezim Osmani

Gezim Osmani

Senior Journalist, Content editor Hi there! My name is Gezim, and I'm a Senior Journalist covering crypto and fintech. I have a passion for technology and finance, and I've spent years following the latest trends in the industry. My goal is to make complex financial concepts accessible to my readers. I strive to provide insightful analysis and explain the latest developments in the world of crypto and fintech in a way that is easy to understand. I believe that knowledge is power, and I want to empower my readers to make informed decisions about their finances. In addition to my professional pursuits, I also love to take photos. I find that photography allows me to capture moments and emotions in a way that words cannot. Whether I'm traveling to a new city or exploring the great outdoors, I always have my camera with me. Photography is a way for me to express my creativity and connect with the world around me. When I'm not working or taking photos, I also enjoy hiking and spending time in nature. There's something about being outside and surrounded by natural beauty that brings me peace and clarity. I also love to read, and I'm always seeking out new books and articles to expand my knowledge. Overall, I'm driven by a desire to help people understand the complex world of finance and technology. Through my writing, photography, and other pursuits, I'm committed to creating content that inspires and informs my readers. I believe that everyone has the potential to achieve financial success, and I'm here to help them along the way. I would love to connect and see how we can work together to shape the future of crypto anf fintech. Let's connect and see where our shared interests and expertise can take us!

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