30s Summary

Bitcoin fights to stay above $76,000 following a 1.7% increase in the last 24 hours, while the rest of the crypto market experiences a 4% rise. Notably, Cardano’s ADA and Solana’s tokens performed remarkably well. Bitcoin’s price potential of $100,000 is being monitored by traders, with consolidation expected. Following Trump’s presidential victory, Bitcoin ETFs in the US recorded $1.38 billion in net inflows and Ether saw a $78 million net inflow increase. Meanwhile, Solana enjoyed an 11% increase and looks set to retain its winning streak.

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Latest Prices:

– CoinDesk 20 Index: 2,333.79 +4.21%
– Bitcoin (BTC): $76,158.35 +1.45%
– Ether (ETH): $2,937.70 +4.23%
– S&P 500: 5,973.10 +0.74%
– Gold: $2,690.57 -0.27%
– Nikkei 225: 39,500.37 +0.3%

Top Stories: Bitcoin is struggling to stay above $76,000, although it has added 1.7% in the last 24 hours. As for the rest of the digital market, there’s been around a 4% increase, with Cardano’s ADA and Solana’s tokens making some big wins. Traders are eyeing the potential $100,000 level for bitcoin’s price, but some consolidation is likely to occur first.

On Thursday, the same day Donald Trump won the U.S. presidency, Bitcoin ETFs listed in the U.S saw a record $1.38 billion in net inflows, with Ether ETFs seeing a $78 million increase in net inflows.

Chart of the Day: SOL enjoyed an 11% increase in the past week, following Trump’s election win, and it looks like it’s set to continue its winning streak. Traders should keep an eye out though; the weekly candle must close Sunday (UTC) above the upper trendline to confirm this breakout.

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This post was edited by Sheldon Reback.