Bitcoin price reached a new all-time high of $75,120 on November 6 as markets reacted to Donald Trump’s victory in the 2024 US presidential election.
The global cryptocurrency sector valuation grew by $190 billion within the daily time frame as bullish momentum spilled over into the altcoin market. Bitcoin , Dogecoin and XRP market updates Bitcoin ’s 7.3% gain on November 6 marks its highest single-day rally since August 8 when the crypto market surged 11% on expectations of the first US Fed rate cut in four years. According to IntoTheBlock data, 100% of all 19.
This could clear the path for more upside, potentially driving BTC toward the $80,000 mark if the post-election frenzy across US markets persists in the days ahead. Market updates Crypto bettors who wagered on Trump win have racked up massive profits. According to data culled from Arkham Intelligence, an anonymous whale wallet was spotted booking gains in excess of $29 million.
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