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Crypto Markets Soar Following U.S. Election Results Recent U.S. election outcomes have significantly impacted financial markets, especially in the cryptocurrency sector: Bitcoin and Ethereum Reach New Highs Bitcoin recently surpassed the $76,500 mark, hitting one of its highest values in recent years. Ethereum, the second-largest cryptocurrency, reached $2,870, showing a sharp rise over the past weeks. This surge is attributed to a mix of factors: the election results, which brought political stability, have eased investors' concerns, coupled with a high probability of another interest rate cut by the Federal Reserve, increasing demand for riskier assets like crypto. Strong Growth in Crypto Company Stocks Crypto-related company stocks have also posted impressive gains. For example, Coinbase (COIN), a leading crypto exchange, recorded a significant increase of several percentage points. Mining companies like Marathon Digital Holdings and Riot Platforms have also seen rising demand due to soaring cryptocurrency values. Record-Setting Trading Volume for BlackRock's Crypto ETF BlackRock's crypto ETF, a leading institutional investment vehicle in the U.S. for cryptocurrency assets, set a new daily trading volume record—over $4.1 billion in a single day. This figure highlights a substantial increase in demand for crypto assets from institutional investors. The high trading volume also reflects changing attitudes among traditionally conservative investors toward the crypto market. Upcoming Fed Interest Rate Decision The Federal Reserve is set to announce its interest rate decision tonight, with a 97% chance of another rate cut, according to U.S. market estimates. Lower interest rates can have a strong impact on the markets, as cheaper borrowing costs often encourage investment in riskier assets such as crypto and tech stocks. Additionally, low-interest rates typically drive up lending and major investments, increasing market liquidity and potentially pushing asset prices higher. Potential Economic Implications While rising crypto values and expectations of a rate cut have sparked considerable enthusiasm, some economists and investors are concerned. Sharp gains in the crypto market and added liquidity from rate cuts may create economic imbalances down the line, leading to increased volatility or even the risk of a market bubble. The Bigger Picture The combination of U.S. election results, the Federal Reserve's economic policies, and growing institutional interest in crypto has led to a wave of changes and market shifts. These developments are drawing wide attention and are likely to have significant effects on the markets in the weeks and months ahead. #bitcoin #trump #interestrates

🌟 Institutional Investors Eye Bitcoin's Roller Coaster Ahead of U.S. Election 🌟 The Bitcoin saga continues with institutional investors bracing for potential volatility as the U.S. presidential election looms large. Here's what's unfolding: 📈 Soaring Bitcoin Call Options on CME: Institutional investors are showing bullish signals by ramping up bitcoin call options, anticipating a market surge. The breakeven for these November options is close to an ambitious $80,000, pointing to a possible market rally next month. 🔍 Intensifying Activity in Crypto Credit Markets: With increased borrowing, demand is surging for large-scale loans and trade credit. According to Sidney Powell of Maple Finance, institutions sense significant price swings ahead, urging prime brokerage firms to prepare for potential market shifts. 🛡️ Derivatives Market Buzz: CME bitcoin futures are witnessing a trading frenzy. Significant purchases in call options have crossed $350 million in November contracts with an expected price surge to $79,300. Joshua Lim from Arbelos Markets notes this as indicative of a bullish sentiment. ✅ Key Takeaways: - 📊 Expectation of price jumps leading up to key election milestones. - 🔄 Institutional strategies diverging with a focus on call options and credit leverage. The stage is set for an electrifying Bitcoin market scene as institutional backing signals potential swings. How do you think the election season will affect crypto? Ready for the ride? 🚀 #Bitcoin #InstitutionalInvestors #CryptoVolatility #USElection #CryptoMarkets #CME Read more: https://lnkd.in/emxq_WEv

Igor Hadziahmetovic, Investment Director & Web3 Tech Lead at Venionaire Web3, shared his perspective on Bitcoin’s resilience beyond the US elections in a recent article. While short-term market movements are always interesting, the outcome of the US elections is unlikely to deter Bitcoin’s long-term bullish trend. Several key factors are driving this confidence in Bitcoin's future: rising US debt, continuous money printing, and the weakening USD are positioning Bitcoin as a favored hedge against economic volatility. Central banks, governments, and corporates worldwide are beginning to include Bitcoin in their reserves, alongside gold, reflecting a trend toward de-dollarization. The increasing acceptance of Bitcoin ETFs in the US and abroad, along with deeper crypto engagement by financial institutions, is reinforcing Bitcoin's strength as a growing asset class. In October, Bitcoin approached a new all-time high, closing the month with a notable 10.9% increase. Even after minor pullbacks, Bitcoin remains bullish as long as it holds above the $65-66k range. Historically, Bitcoin has experienced similar pre-election corrections, as seen in the 2016 and 2020 elections, only to rebound quickly afterward. In a world of economic uncertainty, Bitcoin’s role is solidifying—not only as a financial asset but also as a strategic hedge across political and economic cycles. Full Article ➡️ https://lnkd.in/dzMpvTqy Georg Brameshuber 🧢 Arian Daryabegi Juergen Hoebarth Oliver Stauber Albert Quehenberger Pooja Prakash-Aigner Berthold Baurek-Karlic Julia Gülden-Zeisberger Denis Voldman Iman Saïd Philipp Sakuler #Bitcoin #Crypto #Investing #Venionaire #Web3

I believe BTC could reach $100k before the end of 2024 but we might get a pullback to the $80k-$95k range as $100k is a major psychological zone, everyone is eyeing this level. Regardless, I view the potential crypto-friendly regulation to be the most important fuel to push BTC to $100k+ - 48 out of 48 candidates backed by crypto’s biggest PAC won, and in total, there are 219+ Pro-crypto candidates - BTC US ETFs saw a new high in the daily inflow of $1.36B, which indicates institutional investors are becoming more optimistic about the future outlook of Bitcoin - With the anticipation of crypto-friendly regulation, I believe we should see more institutional investors like pensions, RIAs, state governments, and public companies start allocating to crypto, which could fuel BTC to rise above important price levels. Some examples include: 1. The State of Michigan Retirement System invested $10M in spot ETH ETFs 2. Semler Scientific owns 1,058 Bitcoin 3. Microstrategy announcing the plan to buy $42B more Bitcoin in the next 3 years However, it is also important to understand there will always be pullbacks in the market. Current BTC Open Interest is at the highest level since Feb 2024, which could be an indication of overleveraged in the market at the moment Thank you Cointelegraph for quoting! Disclaimer: Not Financial Advice

Week 44 - 5 Things to Know in Investing This Week Point 1) Bitcoin’s Crystal Ball: Trump Wins and Crypto Surges: Donald Trump is heading back to the White House, clinching both the electoral and popular votes, gaining control of the Senate, and keeping control of the House (probably). This outcome was predicted by recent trading in Bitcoin. Savvy investors saw Bitcoin-friendly Trump’s win reflected in the crypto market even before official announcements. As Kevin O’Leary commented on CNN, “The first market I saw move was Bitcoin because it trades 24/7. Bitcoin was a huge winner.” By Tuesday morning, Bitcoin was already on the rise—a subtle but clear signal of an impending Trump victory. Because President Trump actively courted the votes of Bitcoiners and discussed establishing a national Bitcoin reserve, the apex digital currency served as a live gauge of investor sentiment, correctly predicting official election results. With Trump’s return, many are now focused on potential changes at the Federal Reserve. Rumors are circulating that he may revive Judy Shelton’s @judyshel nomination—a strong advocate for “sound money.” Meanwhile, global moves are reinforcing the Bitcoin narrative: El Salvador continues buying one Bitcoin daily, and Argentina recently installed Bitcoin miners at their central bank.

🚀 Bitcoin Surges Beyond $93,000 Amid Political and Institutional Backing 🚀 Bitcoin’s remarkable climb past the $93,000 mark reflects a perfect storm of supportive political shifts and surging institutional interest. Recent political developments, including the U.S. administration’s strong stance in favor of crypto, are setting the stage for the U.S. to become a major crypto hub, with discussions around a potential national Bitcoin reserve boosting market optimism. The approval of spot Bitcoin ETFs by the SEC has opened doors to substantial institutional investments, pushing BTC to unprecedented heights. However, while investor sentiment remains high, some caution that elevated leverage and market euphoria could lead to volatility. For those in Dubai’s dynamic finance scene, this surge is a timely reminder of crypto's evolving role in the global investment landscape. At Exchange Desk, we provide solutions to help our clients harness the power of these trends in both real estate and crypto markets. #Bitcoin #Crypto #DigitalAssets #InstitutionalInvestment #DubaiFinance #WealthManagement

BTC/USD: Bitcoin Eyes $70,000 After 10% Weekly Pump. How Are US Elections Driving Prices? Bitcoin prices climb 10% in a week US elections infuse volatility in crypto Bitcoin, Ether ETFs perform well Presidential race is on and stakes couldn’t be higher. But crypto traders seem to be betting on one thing — Bitcoin-friendly policies regardless of election winner. Bitcoin prices  BTCUSD  pumped 10% last week and carried the gains over the weekend. The orange coin opened for Monday trading at levels above $69,000, up from last week’s low of $62,000 per token. A few things are in play, underpinning the rally — receding inflation and prospects of more interest rate cuts by the Federal Reserve, three reductions to borrowing costs by the European Central Bank this year. Macro stuff that’s good for the Uptober gains. One key factor weighs more than anything right now — the US presidential election in November. Both candidates, Donald Trump and Kamala Harris, strike an upbeat, positive tone when they talk about crypto assets. The Republican candidate has done an about face, turning from a crypto foe to a crypto friend, saying Bitcoin needs to be mined in the US. The Democratic candidate has vowed to “encourage innovative technologies” like digital assets. It seems that, regardless of whether Donald Trump or Kamala Harris wins, crypto traders are in for the gains. Spot Bitcoin exchange-traded funds, a stack of 11, performed superbly well last week, pulling in more than $2.1 billion in net new assets. Ethereum also saw a boost. The second-largest coin pumped 9% last week, going from $2,440 to $2,650 per coin. Its own ETFs, a stack of 9, logged a winning week with $78 million of net new money flowing in.

🚀 Bitcoin Surges Beyond $93,000 Amid Political and Institutional Backing 🚀 Bitcoin’s remarkable climb past the $93,000 mark reflects a perfect storm of supportive political shifts and surging institutional interest. Recent political developments, including the U.S. administration’s strong stance in favor of crypto, are setting the stage for the U.S. to become a major crypto hub, with discussions around a potential national Bitcoin reserve boosting market optimism. The approval of spot Bitcoin ETFs by the SEC has opened doors to substantial institutional investments, pushing BTC to unprecedented heights. However, while investor sentiment remains high, some caution that elevated leverage and market euphoria could lead to volatility. For those in Dubai’s dynamic finance scene, this surge is a timely reminder of crypto's evolving role in the global investment landscape. At TAA we provide solutions to help our clients harness the power of these trends in both real estate and crypto markets. #Bitcoin #Crypto #DigitalAssets #InstitutionalInvestment #DubaiFinance #WealthManagement #AssetsAdvisors https://lnkd.in/dVXEXgpf

🚨 #Bitcoin Nears $90,000! 🚨 Bitcoin's momentum has pushed it to new highs, approaching the $90,000 mark. This surge isn't happening in isolation—it's a testament to growing global acceptance, increasing institutional participation, and the market’s broader acknowledgment of crypto's staying power. Noteworthy moves, such as MicroStrategy’s substantial Bitcoin acquisitions, highlight how major players continue to see BTC as a hedge and store of value in an evolving financial landscape. With the market buzzing and investor interest at a peak, is this the new baseline, or are we witnessing just the beginning of a larger movement? What are your thoughts on the implications of Bitcoin's rise for global markets and finance?