{"id":2211,"date":"2024-11-06T14:46:46","date_gmt":"2024-11-06T14:46:46","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=2211"},"modified":"2024-11-06T14:46:46","modified_gmt":"2024-11-06T14:46:46","slug":"bitcoin-hits-new-all-time-high-as-donald-trump-wins-second-term-what-now","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=2211","title":{"rendered":"Bitcoin Hits New All-Time High As Donald Trump Wins Second Term: What Now?"},"content":{"rendered":"<div>\n<p><strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) surged to a new record high, touching $75,358 during early Wednesday trading in Europe and surpassing its previous <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/03\/37660169\/bitcoin-breaks-73-000-mark-reaching-4-new-highs-in-less-than-a-week\">peak of $73,737 from Mar. 14<\/a>, as <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/11\/41770352\/bitcoins-future-under-president-elect-donald-trump-a-look-at-his-crypto-policies\">Donald Trump beat <strong>Kamala Harris<\/strong><\/a> to win the 2024 election.<\/p>\n<p>Although it later pulled back slightly to $73,879, the cryptocurrency maintained a strong 6.7% gain over the last day, according to CoinGecko <a href=\"https:\/\/www.coingecko.com\/en\/coins\/ethereum\">data<\/a>.<\/p>\n<p>In contrast, <strong>Ethereum <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/eth\/usd\">ETH<\/a>) showed more modest activity, trading at $2,618 and remaining 46% below its all-time high of $4,878 from November 2021. <\/p>\n<p>The ongoing momentum has largely favored Bitcoin as the asset draws heightened interest amid a positive regulatory outlook following the U.S. election.<\/p>\n<p><strong>U.S. Election Sparks Renewed Optimism For Crypto Investors<\/strong><\/p>\n<p>The market&#8217;s rally follows the election results, with President-elect Donald Trump&#8217;s <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/11\/41710293\/bitcoin-could-hit-90-000-if-trump-wins-hold-50-000-floor-under-harris-bernstein\">pro-crypto stance<\/a> and the support of new crypto-friendly policymakers driving enthusiasm.<\/p>\n<p>In a note sent to Benzinga, <strong>Samir Kerbage<\/strong>, CIO at <strong>Hashdex<\/strong>, emphasized that the election results were a positive development for the crypto industry. <\/p>\n<p>&#8220;We&#8217;ve been conveying to clients in recent months that the U.S. election, regardless of the specific outcome, will be a net positive for crypto investors,&#8221; he noted. &#8220;Yesterday&#8217;s results were ideal given the pro-crypto stance of President-elect Trump and many newly elected policymakers.&#8221;<\/p>\n<p>Bitcoin&#8217;s swift rise reflects the anticipation &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/11\/41775353\/bitcoin-hits-new-all-time-high-as-donald-trump-wins-second-term-what-now\" alt=\"Bitcoin\" hits new all-time high as donald trump wins second term: what now>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin (CRYPTO: BTC) surged to a new record high, touching $75,358 during early Wednesday trading in Europe and surpassing its previous peak of $73,737 from Mar. 14, as Donald Trump beat Kamala Harris to win the 2024 election. Although it later pulled back slightly to $73,879, the cryptocurrency maintained a strong 6.7% gain over the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-2211","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/2211","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2211"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/2211\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2211"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2211"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2211"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}