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Elon Musk and Vivek Ramaswamy Appointed to Lead Trump's Newly Created "Department of Government Efficiency" (DOGE), Sending Dogecoin Price Soaring Nearly 20%President-elect Trump's shocking announcement naming Elon Musk and Vivek Ramaswamy to jointly lead the newly established "Department of Government Efficiency" (DOGE) sent shockwaves through the global cryptocurrency market. Dogecoin (DOGE), coincidentally sharing its ticker symbol with the department's name, surged nearly 20% in immediate response, extending its strong upward trend since the US election

Trump's nomination of a crypto-friendly chair for the SEC sends Bitcoin soaring near $100,000Crypto speculators once again propelled Bitcoin's price towards the $100,000 mark on Wednesday, following President-elect Trump's selection of digital asset supporter Paul Atkins to lead the Securities and Exchange Commission (SEC). The news sparked jubilation in the crypto community, immediately boosting Bitcoin's price

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

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

Market Volatility Amidst Escalating Russia-Ukraine Conflict Sends Bitcoin to All-Time High: Dollar, Bonds, and Gold Serve as Safe HavensOn Tuesday, a dangerous escalation of the Russia-Ukraine conflict sent shockwaves through financial markets. The heightened prospect of nuclear war unnerved investors, prompting many to seek refuge in safe-haven assets like the US dollar, bonds, and gold

Powell's Remarks Send Shockwaves Through Markets: US Stocks, Gold, and Bitcoin Plunge Amid Renewed Inflation FearsFederal Reserve Chairman Jerome Powell's remarks last night cast a shadow over financial markets, triggering volatility and causing a short-term surge in the US dollar index. Spot gold prices extended their decline, US equities accelerated their downward trajectory in late trading, and Bitcoin experienced a sudden sharp drop, resulting in widespread losses across asset classes

Fed Chair Powell's Remarks Send Markets into a Tailspin: Stocks Down, Gold Up, Crypto VolatileEarly Friday morning, US market sentiment experienced significant volatility in response to Federal Reserve Chairman Jerome Powell's speech on Thursday. Stock and cryptocurrency markets generally declined, while spot gold bucked the trend, rising 0

Is the US Investor "Withdrawal" a Good Sign After the Fed's Rate Hike Sends Bitcoin Soaring Past $64,000?While the Coinbase Bitcoin Premium Index recently turned negative, indicating a decline in US investor interest in Bitcoin, the cryptocurrency's price has continued to surge following the Fed's rate cut, even briefly surpassing $64,000, marking a new high for the month. This suggests that despite the muted performance of the US market, interest in cryptocurrencies remains strong globally, particularly fueled by powerful buying pressure from Binance

Fed Rate Cut Sends Bitcoin Soaring Past $60,000, Aiming for $100,000?The Federal Reserve announced a rate cut today, prompting a rapid surge in Bitcoin's price, which broke through the $61,000 mark and briefly touched $61,500, showcasing strong momentum. Although it has retreated to around $60,000 overnight, the market remains optimistic

Bitcoin Faces a Fork in the Road as Election Day Looms: Trump Win Could Drive Prices Up to $90,000, Harris Victory Might Send It Plunging to $30,000As November's election day approaches, Bitcoin is also getting closer to breaking out of its narrow trading range for the year, Bernstein analysts say. The flagship cryptocurrency has spent most of the year bouncing between $55,000 and $70,000 after reaching an all-time high in March and is likely to stay in this range until the United States decides its next president on November 5

Trump Victory Could Send Bitcoin Soaring to $90,000, Bernstein PredictsAccording to Glodonghui on September 10th, prominent investment firm Bernstein has released a new report predicting the impact of the US presidential election results on the cryptocurrency market. The report states that if Republican presidential candidate Donald Trump wins the US election in November, Bitcoin is expected to hit a new high later this year, potentially reaching $90,000 by the fourth quarter

Elon Musk's "DOGE" Response to Trump Cabinet Nomination Sends Dogecoin Price Soaring Nearly 6%