Bitcoin’s Sharp Plunge amid Trump’s Slipping Odds | Nasdaq

Aug 1, 2024  · Bitcoin’s plunge has been sharp and sudden, dropping more than 10% from its high of $70K just 72 hours ago. After hitting a four-month peak, the cryptocurrency has slid to a two …


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Bitcoin’s Sharp Plunge Amid Trump’s Slipping Odds | Nasdaq

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Aug 1, 2024  · Bitcoin’s plunge has been sharp and sudden, dropping more than 10% from its high of $70K just 72 hours ago. After hitting a four-month peak, the cryptocurrency has slid to a two …

nasdaq.com

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Bitcoin's Slump Deepens As Trump Victory Odds Keep Sliding - MSN

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Over the past 24 hours, bitcoin tumbled 5.4% to $62.7K at 12:40 p.m. ET, just three days after the token touched a multi-month high of about $70K.Bitcoin's ascent to ~$70K on Monday came in …

msn.com

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Bitcoin Dips Below $68K As Trump’s Election Odds Decline, …

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Nov 3, 2024  · At the same time, Bitcoin dropped to a low of $67,600. As of Sunday morning in the U.S., both Trump’s odds and Bitcoin's price have rebounded slightly. Trump’s standing on …

worldcoinindex.com

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Bitcoin Drops To Lowest Since November Amid Cooling Trump Rally

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Bitcoin first crossed above the $100,000 milestone in early December and later exceeded $108,000, driven by optimism that the incoming Trump administration would be more favorable …

msn.com

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But Not For The Same Reason Stocks Are Sliding - Morningstar

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Aug 1, 2024  · The S&P 500 SPX retreated 1.4% and the Nasdaq Composite COMP lost 2.3%. Bitcoin's decline has been mostly driven by fear around the U.S. government's potential sale of …

morningstar.com

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Bitcoin Rallies Past $107,000, Hopes Grow For Strategic Reserve

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Dec 17, 2024  · Bitcoin hits record high amid Trump's pro-crypto stance; Price up over 50% since November election; Bitcoin buyer MicroStrategy joins Nasdaq 100; Bitcoin's record rally …

usatoday.com

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Bitcoin Breaks $71K As Traders Bet Big Ahead Of U.S. Elections

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Oct 29, 2024  · Bitcoin (BTC-USD) just made headlines again, skyrocketing past $71,000, marking a 5% surge in just 24 hours. According to CoinGecko, this surge has been fueled by an …

nasdaq.com

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Bitcoin’s Trump Trade Dented By Rising Yields And Strong US Dollar

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5 days ago  · “Currently, the correlation between Nasdaq and Bitcoin sits at 64% as digital assets look for the next digital-specific catalyst,” Robert Wallden, head of trading at Abra, told …

cointelegraph.com

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Bitcoin Shatters $106K: Trump's Bold Crypto Move Sends Markets …

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Dec 16, 2024  · President-elect Donald Trump doubling down on plans to create a U.S. Bitcoin reserve. Trump's vision to position the U.S. as the global crypto leader has sparked a wave of …

yahoo.com

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Bitcoin Pulls Ahead In Markets In Sign Of Bets On Trump Victory

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Oct 17, 2024  · Trump’s odds on the Polymarket platform have jumped to 60%, while Harris has dropped to 40%. On PredictIt, Trump’s chances are at 54%, compared with 50% for Harris. …

yahoo.com

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Bitcoin Surges Past $82,000 As Analysts Urge Caution On Trump …

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Nov 11, 2024  · On Monday, the price of bitcoin vaulted to new heights, skyrocketing past $82,000 after Donald Trump won his reelection bid last Tuesday. With Republicans now controlling the …

thestreet.com

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Bitcoin Is On A Tear As 'crypto President' Trump's Betting-market …

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Oct 17, 2024  · Bitcoin has surged 12% as Trump's election odds in betting markets began rising in mid-September. Trump's crypto-friendly stance has boosted investor enthusiasm for bitcoin …

yahoo.com

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Bitcoin Price Hits All-time High As Trump Wins US Presidential

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Nov 6, 2024  · As the perceived odds of Harris winning increased, so-called “Trump trades,” including Bitcoin, experienced declines. On November 4, Bitcoin fell to US$67,393, marking its …

nasdaq.com

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Bitcoin Soars 14% As Trump Odds Rise, MicroStrategy Leads Rally

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Oct 15, 2024  · Bitcoin surged 14% in October, reaching over $65,000, linked to Trump's improving election odds. MicroStrategy holds 1.2% of Bitcoin’s total supply, outperforming the …

coinspeaker.com

FAQs about Bitcoin’s Sharp Plunge amid Trump’s Slipping Odds | Nasdaq Coupon?

Could bitcoin be a Trump win?

This past week, Trump was part of the launch of a crypto token called World Liberty Financial. Bitcoin might be ultimately front-running a potential Trump win in November, with the cryptocurrency up 59% year-to-date. "Elections remain hard to call, but if you are long crypto here, you are likely taking a Trump trade," Chhugani said. ...

Will bitcoin surge in the short-term under a Trump presidency?

While bitcoin may surge in the short-term under a Trump presidency, it will inevitably face a market correction or pullback, analysts note. On Monday, the price of bitcoin vaulted to new heights, skyrocketing past $82,000 after Donald Trump won his reelection bid last Tuesday. ...

Why has bitcoin climbed to 70k?

Bitcoin's ( BTC-USD) ascent to ~$70K on Monday came in the wake of former President Trump's commitment to championing the crypto, including considering designating it as a strategic asset under government stewardship. ...

Why is a bitcoin rally grabbing the spotlight?

(Bloomberg) -- A Bitcoin rally is grabbing the spotlight in part because some investors view the climb as a sign that markets anticipate a victory for pro-crypto Republican candidate Donald Trump in the US presidential election. Most Read from Bloomberg ...

Why are spot-Bitcoin prices going up?

“Excitement in prediction markets is leading to high levels of implied volatility and a rally in spot-Bitcoin prices,” said Arisa Toyosaki, co-founder of Cega, a crypto derivatives service provider. “The recent significant inflows into Bitcoin exchange-traded funds are also fueling the rally.” ...

What happened to bitcoin?

Bitcoin, the world’s largest cryptocurrency, continued its downward trend on Thursday, touching its lowest level since November as it traded as low as $92,500. This decline comes after a period of significant gains following President-elect Donald Trump’s victory in early November, which had fueled a surge in crypto-related assets and stocks. ...

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