Bitcoin Hits Fresh All-Time High, Ethereum Rallies: ‘Altseason Hasn’t Even Begun,’ Trader Says
Posted On November 7, 2024
Bitcoin briefly hit a fresh all-time high of $76,872 on Thursday before retreating, with financial markets continuing their rally in the wake of Donald Trump winning a second term in office.
| Cryptocurrency | Price | Gains +/- |
| Bitcoin (CRYPTO: BTC) | $75,723.12 | -0.3% |
| Ethereum (CRYPTO: ETH) | $2,879.34 | +7% |
| Solana (CRYPTO: SOL) | $195.34 | +3.4% |
| Dogecoin (CRYPTO: DOGE) | $0.1952 | -3.1% |
| Shiba Inu (CRYPTO: SHIB) | $0.00001896 | -0.4% |
Notable Statistics:
- IntoTheBlock data shows large transaction volume increasing by 83% and daily active addresses rising by 17%.
- Coinglass data reports 102,336 traders were liquidated in the past 24 hours for $320 million, $200 million of which were liquidated short positions.
Notable Developments:
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