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 (TOTALCAP) grew by $190 billion (7.31%) 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 19.8 million addresses holding BTC are now in profit as the pioneer cryptocurrency enters a price discovery…
