In comparison, Bitcoin’s second-best daily gain occurred in August 2021, when the price rose over $7,576 in 24 hours, from $38,871 to $46,448.
Bitcoin news
El Salvador and Bhutan see major gains in Bitcoin holdings as BTC nears $90,000, raising the value of their crypto assets by millions amid the latest market rally.
Bitget’s app relaunch in the UK comes a few months after the exchange restricted its website in the UK in accordance with the Financial Promotions regime in May 2024.
The US banking crisis is what catalyzed the 2023 bull run, according to BitMEX’s Arthur Hayes.
Donald Trump’s win in the United States presidential election may not be the “main story” driving the Bitcoin price rally, says Onramp Bitcoin co-founder Jesse Myers.
If the crypto market were a country, it would be the eighth largest in GDP terms behind the United States, China, Germany, Japan, India, the United Kingdom and France.
Huangzhou-based crypto mining chip maker Nano Labs saw its share price rise slightly after announcing it will start accepting Bitcoin as payment.
The combined daily trading volume of shares in MicroStrategy, Coinbase and Bitcoin ETFs hit $38 billion as Bitcoin breached $89,000.
The crypto exchange is one of the big winners from the United States elections on Nov. 5.
Some 30% of respondents expect Solana to tap $600 in 2025, according to a survey by MV Capital.