BITCOIN PRICE

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Nov 04 2024FINANCE

Bitcoin's Price: Will the U. S. Election Make or Break It?

Bitcoin is flirting with a new record high, but the U. S. election might put a temporary hold on that. In October, Bitcoin closed above $70, 000 for the first time since March, but it's been struggling to stay there. The focus now is on the U. S. presidential election. Investors are worried that the

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Oct 31 2024FINANCE

Bitcoin vs. Gold: Which Is the Better Investment?

Bitcoin is making waves, climbing towards $70, 000, while gold hit a record $2, 733 per ounce. Investors are flocking to these assets due to global uncertainty, like the Fed’s rate cuts and tensions in the Middle East. But which one is a better investment? Matthew Hougan, Chief Investment Officer at

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Oct 30 2024CRYPTO

Bitcoin Hits $70, 000 Again: What's Next?

Bitcoin briefly touched $70, 000 on Monday, a peak not seen since June. This happened as investors kept an eye on MicroStrategy's earnings and the upcoming U. S. presidential election. Stocks linked to bitcoin, like Coinbase and MicroStrategy, showed mixed reactions in late trading. Coinbase rose by

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Oct 30 2024FINANCE

Bitcoin Trumps $72, 000: Politics and Inflation Boost Crypto

Bitcoin has hit a new high, soaring over $72, 000—a benchmark it hasn’t seen since spring. This surge comes as investors consider upcoming elections and inflation fears. The world's most valuable cryptocurrency, with a market value of over $1. 4 trillion, has shot up by about 6% on Tuesday. In simp

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Oct 30 2024FINANCE

Bitcoin Hits $72, 000: Tech Earnings and ETFs Fuel the Rise

Bitcoin reached $72, 000 on Tuesday, coming close to its record high. This happened as the U. S. elections are just around the corner, which many traders see as a good time for markets. The leading cryptocurrency has grown by about 6% in the last day and 8. 75% in the past week. It's only 1. 4% away

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Oct 30 2024POLITICS

How the U. S. Election Could Shake Up Bitcoin's Price

Bitcoin's price is hovering around $72, 000, just days before the U. S. elections. This event could impact the cryptocurrency market, regardless of who wins. Eric Beiley, a managing director, thinks Bitcoin's recent surge might signal a Trump victory. But the outcome is still uncertain. Many people

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Oct 26 2024CRYPTO

Bitcoin Today: A Roller Coaster Ride!

Bitcoin, the OG cryptocurrency, is still the market leader with a whopping $1. 1 trillion market cap. It's known for its wild price swings, just like the ones we saw today with a 0. 79% increase. So, what's the deal with Bitcoin's price? It's not just about the economy or big companies accepting it—

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Oct 23 2024FINANCE

Bitcoin Booms as Investors Pour into ETFs

Bitcoin's price is soaring, reaching about $68, 000, up by 9. 5% over the past week and 2. 8% in a single day. This surge is fueled by investors flocking to U. S. spot bitcoin ETFs, which saw a massive inflow of over half a billion dollars in one day. According to Farside, this is the largest daily

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Oct 23 2024CRYPTO

Why Bitcoin's Price is Booming with Trump's Rising Election Odds

Bitcoin has seen a big jump in price, up by 12% in the last month. This increase happened as Donald Trump's chances of winning the presidential election rose in betting markets. Investors are excited about having a "crypto-friendly president, " and they're showing this by buying more bitcoin. Analys

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Oct 22 2024CRYPTO

Bitcoin's Journey: Could It Hit $117, 000?

Bitcoin, the most talked-about cryptocurrency, has been through its ups and downs. On April 26th, it was trying to bounce back from a recent crash that saw it drop from its all-time high. So, could Bitcoin really reach $117, 000? Let's dive in and find out. When Bitcoin experienced a significant lo

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