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Bitcoin in the Trump Era: A Cryptocurrency Cure for America's $36 Trillion Debt Crisis?
Bitcoin in the Trump Era: A Cryptocurrency Cure for America's $36 Trillion Debt Crisis?Over the past few years, high-profile figures and investors in the cryptocurrency industry have spent hundreds of millions of dollars promoting pro-cryptocurrency candidates into the US Congress. This has resulted in the current US government being one of the most pro-Bitcoin administrations in history
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Gold and Bitcoin: Price Volatility and Market Sentiment Under the Trump Effect
Gold and Bitcoin: Price Volatility and Market Sentiment Under the Trump EffectRecently, the price movements of gold and Bitcoin have captivated global markets. After a significant ~10% correction following Trump's election, gold prices have rebounded for five consecutive days the first such streak since March successfully breaking above the 50-day moving average ($2664)
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Arthur Hayes' Bold Prediction: Trump's Economic Policies Could Plunge the Dollar, Sending Bitcoin to $250,000
Arthur Hayes' Bold Prediction: Trump's Economic Policies Could Plunge the Dollar, Sending Bitcoin to $250,000In a recent interview on the AlphaFirst podcast, Arthur Hayes, co-founder of the cryptocurrency exchange BitMEX, shared a bold prediction for the future of the cryptocurrency market. He believes that a Trump administration, with its loose monetary policies, would lead to a devaluation of the US dollar, thereby driving up the price of Bitcoin and other crypto assets to as high as $250,000 by the end of 2025
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Bitcoin's price plunge drags down mining stocks: Hut8, MicroStrategy among those plummeting
Bitcoin's price plunge drags down mining stocks: Hut8, MicroStrategy among those plummetingBitcoin's price recently fell below $96,000 per coin, dropping nearly 2%, triggering a collective downturn in cryptocurrency mining stocks. Among the hardest hit, Hut8 saw its share price fall over 9%, MicroStrategy over 6%, BitDigital over 5%, Riot Platforms over 4%, and Coinbase over 3%
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Bitcoin Price Briefly Pulls Back, But $100,000 Target Still Within Reach?
Bitcoin Price Briefly Pulls Back, But $100,000 Target Still Within Reach?Bitcoin's price has recently experienced a minor pullback, failing to break through the $100,000 mark. A previous surge, fueled in part by Donald Trump's presidential election victory, has stalled
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Bitcoin's Post-Trump Election Surge and Subsequent Correction: In-depth Analysis and Future Price Prediction
Bitcoin's Post-Trump Election Surge and Subsequent Correction: In-depth Analysis and Future Price PredictionSince November 6th, 2020, when Donald Trump was declared the winner of the US presidential election, Bitcoin (BTC) price experienced a sharp surge, breaking above its previous high of $73,700 and initiating a strong upward trend on the daily chart. From $70,000 on November 6th, it skyrocketed to $99,588 on November 22nd, nearing the $100,000 mark a nearly 40% increase
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Bitcoin Hits New High, Nearing $100,000: A Confluence of Risk and Opportunity
Bitcoin Hits New High, Nearing $100,000: A Confluence of Risk and OpportunityIn the early hours of November 23rd (Beijing time), Bitcoin surged to $99,660, setting a new all-time high and nearing the $100,000 mark. This breakthrough followed strong gains in the preceding days, consecutively breaking through $95,000, $96,000, $97,000, and $98,000
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Bitcoin Price Pullback: Interpreting Recent Market Volatility and Future Outlook
Bitcoin Price Pullback: Interpreting Recent Market Volatility and Future OutlookAt 1 AM last night, Bitcoin's price plummeted to $95,734, marking a recent low. As of this writing, the price has recovered to $97,900
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Bitcoin Price Surges Past $80,000: Will $150,000 Target Be Achieved?
Bitcoin Price Surges Past $80,000: Will $150,000 Target Be Achieved?Bullish sentiment surrounding Bitcoin continues to intensify as market participants dismiss the possibility of a significant price correction. On November 11th, Bitcoin's price jumped 4
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Bitcoin and Ethereum Spot ETF: In-Depth Analysis of Weekly Fund Flows (November 18-22, 2024)
Bitcoin and Ethereum Spot ETF: In-Depth Analysis of Weekly Fund Flows (November 18-22, 2024)This report provides an in-depth analysis of the fund flows into Bitcoin and Ethereum spot exchange-traded funds (ETFs) from November 18th to November 22nd, 2024. Data reveals a strong inflow trend for Bitcoin ETFs, while Ethereum ETFs experienced net outflows
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Bitcoin Price Surges Past $80,000, Igniting Crypto Market Rally
Bitcoin Price Surges Past $80,000, Igniting Crypto Market RallyOn November 10th, Bitcoin (BTC) briefly surpassed $80,000, reaching an all-time high and reigniting enthusiasm in the cryptocurrency market. At the time of writing, Bitcoin is trading at $79,907, representing a more than 4% increase over the past 24 hours
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Trump's Election Victory Sends Bitcoin Soaring Past $80,000, with Predictions Reaching $200,000
Trump's Election Victory Sends Bitcoin Soaring Past $80,000, with Predictions Reaching $200,000On the evening of November 10th (Beijing time), following the announcement of Trump's election victory, Bitcoin experienced a sharp surge, breaking through the $80,000 mark and reaching a new all-time high. Many analysts interpreted this event as part of a "Trump trade," closely linked to Trump's previously expressed positive attitude towards cryptocurrencies