Bitcoin Hits $81K for the First Time as Bulls Lead Crypto Rally

Quick Summary:

Bitcoin’s price has soared past the $81,000 mark, setting a new record in market history, with the cryptocurrency reaching a market cap of over $1.5 trillion just days after Donald Trump’s election as President of the United States.

BlackRock recorded its largest-ever Bitcoin inflow, adding $1.12 billion in Bitcoin holdings last week.

The 9-day and 21-day moving averages continue to trend upward, with recent crossovers reinforcing upward momentum.

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Article Details

Author / Journalist: Sindhu

Category: Crypto

Markets: United Arab EmiratesUnited States

Topics: Bitcoin All-time high Bitcoin News BTC

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-11 @ 06:49:51 (1 weeks ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 395 words

Reading Time: 3 minutes read

Sentences: 27 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 23512998

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 29 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 14 hours ago

Coverage Areas: United Arab Emirates

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