Just In: Bitcoin Price Hits New ATH At $77k As Trump Trade Continues

Quick Summary:

Bitcoin surged to a new all-time high of $77,043 following Donald Trump’s recent US election victory, which has sparked renewed interest in Bitcoin as a “risk-on” asset.

The surge comes as investors expect the U.S.economic landscape to shift under Trump’s leadership, fueling optimism for cryptocurrencies as alternative investments.

Bitcoin-related products have seen a notable uptick in inflows, pushing the cryptocurrency to unprecedented levels.

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Article Details

Author / Journalist: Kelvin Munene Murithi

Category: Crypto

Markets: IndiaUnited States

Topics: Bitcoin ATH 24/7 Cryptocurrency News Bitcoin News BTC price

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-08 @ 19:20:27 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 180 words

Reading Time: 1 minutes read

Sentences: 32 lines

Sentence Length: 6 words per sentence (average)

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

Copyright Owner: © CoinGape

News ID: 23472914

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 39 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 10 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

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Publisher ID: #59

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