Why Is Bitcoin Price Moving Higher Today?

Quick Summary:

The Bitcoin price has noted a surge of around 3%, continuing its run towards the North while gaining the investors’ attention.

The recent momentum indicates that despite a short-term pullback, the bulls are still dominating the market after Donald Trump’s win in the US election.

Now, with his possible resignation, the market anticipates a pro-crypto candidate to replace him, which might foster innovation and growth in the broader crypto market.

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Article Details

Author / Journalist: Rupam Roy

Category: Crypto

Markets: India

Topics: BTC price Bitcoin rally 24/7 Cryptocurrency News Bitcoin ATH Bitcoin News Bitcoin (BTC) Price

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-16 @ 10:51:19 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 971 words

Reading Time: 6 minutes read

Sentences: 66 lines

Sentence Length: 15 words per sentence (average)

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

Copyright Owner: © CoinGape

News ID: 23612144

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 21 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

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