Institutions Driving Bitcoin As Coinbase Premium Gap Hits $100 – Trump Win Brought Back US Demand

Quick Summary:

This price breakout has reignited investor optimism, particularly among US traders, with demand increasing significantly since the election results.

Bitcoin has surged to new all-time highs, reaching $76,500, following Donald Trump’s victory in the US elections.

Trump’s pro-crypto stance has played a key role in boosting market sentiment, especially among institutional investors.

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Article Details

Author / Journalist: Sebastian Villafuerte

Category: Crypto

Markets: Hungary

Topics: Bitcoin All-Time High Bitcoin demand Bitcoin news Bitcoin Coinbase Premium Gap Bitcoin Institutional Buying Bitcoin Coinbase Bitcoin News Btc BTCUSDT Bitcoin Bitcoin Donald Trump

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-08 @ 08:00:55 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 616 words

Reading Time: 4 minutes read

Sentences: 50 lines

Sentence Length: 13 words per sentence (average)

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

Copyright Owner: © Bitcoinist

News ID: 23469180

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 14 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 9 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

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