|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cryptocurrency News Articles
Bitcoin (BTC-USD) Price Prediction: Will It Hit $100,000 by Christmas?
Nov 11, 2024 at 10:08 pm
Following the winner of the US presidential election last week, the crypto world braced for impact.
After the winner of the US presidential election became clear last week, the crypto world braced itself.
Bitcoin’s value (BTC-USD), in particular, has soared to record highs over the past few days.
At one point on Monday morning the token hit $81,000 (£63,416) and analysts are now speculating about how much further the token could surge.
Some suggest it could reach $100,000 by January, with others saying it could happen as soon as Christmas.
During the election campaign, Donald Trump spoke about cryptocurrencies on several occasions, albeit with varying results. He has also vowed to make the US the “crypto capital of the planet".
Read more:
Stocks to watch as Donald Trump wins the US election
What London Stock Exchange debut of Bitcoin ETNs mean for Europe's crypto market
What is bitcoin halving and how will it impact its price?
Download the Yahoo Finance app, available for Apple and Android.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
- President Donald Trump Is Reportedly Planning to Scrap All Capital Gains Taxes on Cryptocurrencies Issued by US Companies
- Nov 14, 2024 at 07:35 pm
- According to sources close to the matter, eliminating the capital gains tax would make all profits Americans earn on holding crypto assets such as Cardano ($ADA), Algorand ($ALGO), Ripple ($XRP), and Hedera ($HBAR) fully tax-free, as these assets are created by U.S. companies.
-
- Bitcoin Crosses $93K Mark, Reaching a New All-Time High as It Continues Its Recent Upward Trend
- Nov 14, 2024 at 06:15 pm
- The surge was attributed to increased optimism around a potentially crypto-friendly regulatory stance from President-elect Donald Trump, alongside expectations of further interest rate cuts by the US Federal Reserve.