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    Home » Bitcoin Surpasses 76K Setting a New Record High
    Bitcoin

    Bitcoin Surpasses 76K Setting a New Record High

    By adminNov. 6, 2024No Comments1 Min Read
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    Bitcoin Surpasses 76K Setting a New Record High
    Bitcoin Surpasses 76K Setting a New Record High
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    After Bitcoin’s price broke the previous all-time high earlier today, the number one cryptocurrency by market cap seems to be continuing the bullish surge.
    Bitcoin
    saw an impressive 9.66% rise in the past 24 hours and peaked at a little over $76,000 with $114 billion in trading volume (up 143% since yesterday). BTC’s market cap currently stands at $1.5 trillion.



    Ethereum
    also witnessed a notable surge with the price reaching $2,700 after rising 11.36% with a $39.3 billion trading volume and a market cap of around $325 billion.
    During this period $572.59 million were
    liquidated
    in the cryptocurrency market with $393.55 million being short positions and $179.14 million in longs (with $296.31 million being Bitcoin.)
    READ MORE:



    Bitcoin Poised for Parabolic Surge if This Level Holds, Says Crypto Expert
    This notable bullish trend is the aftermath of the presidential election in the United States, where
    Donald Trump won the race by a landslide.
    Additionally, analysts are expecting a 0.25 bps
    rate cut
    from the Federal Reserve tomorrow, which will add to the market optimism.

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    Previous ArticleBitcoin Network Reaches New Difficulty Record Amidst Surge in Mining Power
    Next Article Political Meme Coins Soar as Trumps Election Win Ignites Market Frenzy

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