Federal Reserve Lowers Interest Rates by 25 Basis Points as Bitcoin Rises on Trump’s Election WinThe Federal Reserve announced a 25 basis point rate cut, which may further boost assets like Bitcoin, recently reaching record highs after Trump’s election win. The decision received unanimous support fr

1. BTC Market TrendFrom November 4 to November 6, the BTC spot price swung from $66,508.69 to $76,299.15, a 14.72% range. During this period, the price increase is mainly attributed to Republican candidate Donald Trump, who supports cryptocurrency, winning the next U.S. presidential election. Due to

QCP Capital Predicts Sustained Bullish Momentum for BTC Through 2025QCP Capital notes that Bitcoin (BTC) has reached new highs in each of the three U.S. election cycles since its 2009 launch, without dropping back to pre-election levels. Although Trump’s policies could reduce rate-cut expectations,

Bitcoin options and futures markets are exhibiting moderate optimism after reaching a new all-time high, hinting at further potential price gains. Following Donald Trump’s victory in the 2024 U.S. presidential election, Bitcoin surged by 10.5%, climbing to $75,350 from Nov. 5 to Nov. 6. This milesto

Bitcoin’s historical price data indicates it could exceed $1 million per coin during Trump’s second term.Source: blockzeit.comBitcoin soared by over 1,900% during Donald Trump’s first term as U.S. president from November 2016 to November 2020, despite his critical stance on cryptocurrency. In a well

Investor optimism about a potential Federal Reserve rate cut is currently overshadowing election-related concerns, as markets anticipate that lower borrowing costs could stimulate economic growth. Nigel Green, CEO of financial advisory firm Devere Group, notes that market attention has shifted from

Dogecoin’s price has surged since October, with data indicating it may climb even higher.Source: www.coinkolik.comDogecoin is currently one of the top-performing cryptocurrencies, rising 12% in the past 24 hours. The memecoin has gained positive momentum as the U.S. presidential election approaches,

Fed Delays Interest Rate Decision to November 8 Amid U.S. ElectionThe Federal Reserve’s interest rate decision has been postponed to 03:00 on November 8, Eastern Time, due to the U.S. election and winter time adjustments. Normally, the Fed meets on Tuesday and Wednesday with results announced Thursd

A recent survey from venture capital firm Paradigm reveals that 20% of respondents currently own or have previously owned cryptocurrency. Conducted in October 2024, the poll also shows that 5% of participants identify as single-issue crypto voters in the upcoming U.S. presidential election. This sug

Data indicates that traders are overlooking the current Bitcoin price dip and placing bets on new highs after the U.S. elections conclude.Source: bigpara.hurriyet.com.trBetween Oct. 31 and Nov. 4, Bitcoin dropped 6.7%, falling below $67,500 for the first time in eight days. This decline led to the l