DeFi Daily News
Friday, June 20, 2025
Advertisement
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
No Result
View All Result
Home DeFi Metaverse

rewrite this title Bitcoin tests $94K

MetaversePlanet by MetaversePlanet
November 20, 2024
in Metaverse
0 0
0
rewrite this title Bitcoin tests K
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on Telegram
Listen to this article


rewrite this content using a minimum of 1000 words and keep HTML tags

The cryptocurrency market continues its rapid ascent, with Bitcoin, the leading cryptocurrency, reaching an all-time high of $94,000 yesterday evening. The surge in the market began with the US elections and shows no signs of slowing down.

Bitcoin Surges to New Heights

According to CoinMarketCap data, Bitcoin peaked at $94,020 before stabilizing around $92,500 following profit-taking at the higher levels. This bullish momentum has significantly impacted the total cryptocurrency market cap, which now exceeds $3 trillion, marking a new milestone.

Trump’s Media Company Eyeing the Crypto Market

The recent rally was fueled by speculation that Donald Trump’s media company may soon enter the cryptocurrency space. Reports from the Financial Times suggest that Trump Media and Technology Group, the operator of Truth Social, is close to acquiring Bakkt, a cryptocurrency company backed by the NYSE-owned Intercontinental Exchange.

With Trump expected to take a crypto-friendly stance in his anticipated second term, the market is optimistic about further growth and adoption.

Bitcoin ETF Trading Boosts Market Confidence

Adding to the market’s momentum, Bitcoin ETF options began trading on Nasdaq yesterday, generating approximately $2 billion in trading volume on the first day. The approval of Spot Bitcoin ETFs earlier this year has significantly enhanced institutional interest, driving market confidence.

Fear and Greed Index Shows “Extreme Greed”

The Fear and Greed Index, a tool that measures investor sentiment in the cryptocurrency market, surged to 90, indicating “extreme greed.” This reflects the growing optimism and robust demand in the market, as investors continue to pour funds into cryptocurrencies.

Key Highlights:

Bitcoin’s Record Surge: Reached $94,000, stabilizing at $92,500.

Market Cap Milestone: The total crypto market cap surpassed $3 trillion.

Trump’s Crypto Moves: Speculation around Trump Media acquiring Bakkt.

ETF Trading Impact: Bitcoin ETF options trading on Nasdaq boosts confidence.

Investor Sentiment: The Fear and Greed Index hits 90, signaling bullish trends.

The cryptocurrency market remains on an upward trajectory, with Bitcoin leading the way as institutional interest and market adoption continue to grow.

You May Also Like

Follow us on TWITTER (X) and be instantly informed about the latest developments…

Copy URL
URL Copied

and include conclusion section that’s entertaining to read. do not include the title. Add a hyperlink to this website http://defi-daily.com and label it “DeFi Daily News” for more trending news articles like this



Source link

Tags: 94KBitcoinrewriteteststitle
ShareTweetShare
Previous Post

rewrite this title Meta Partners with US and UK Universities to Launch “Metaversity” – Metaverseplanet.net

Next Post

rewrite this title Betterment vs Wealthfront (how to choose between both of them)

Next Post
rewrite this title Betterment vs Wealthfront (how to choose between both of them)

rewrite this title Betterment vs Wealthfront (how to choose between both of them)

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
  • Trending
  • Comments
  • Latest
Changelly Collaborates with BRLA Digital and Announces Zero-Fee Campaign – Cryptocurrency Insights & Trading Guidance on Changelly’s Blog

Changelly Collaborates with BRLA Digital and Announces Zero-Fee Campaign – Cryptocurrency Insights & Trading Guidance on Changelly’s Blog

July 25, 2024
Bitcoin Surpasses ,000 Amidst ‘Liquidity Hunt’ After Surge – Decrypt

Bitcoin Surpasses $67,000 Amidst ‘Liquidity Hunt’ After Surge – Decrypt

October 23, 2024
rewrite this title Haliey Welch Breaks Silence on Hawk Tuah Coin Collapse

rewrite this title Haliey Welch Breaks Silence on Hawk Tuah Coin Collapse

May 6, 2025
Rough N’ Rowdy 25 FREE PREVIEW | Watch 20 Fights + Ring Girl Contest TONIGHT

Rough N’ Rowdy 25 FREE PREVIEW | Watch 20 Fights + Ring Girl Contest TONIGHT

August 9, 2024
Boeing machinists refuse latest offer, prolonging bruising six-week strike

Boeing machinists refuse latest offer, prolonging bruising six-week strike

October 23, 2024
rewrite this title with good SEO Michael Saylor Explains Why Microsoft Should Buy Bitcoin

rewrite this title with good SEO Michael Saylor Explains Why Microsoft Should Buy Bitcoin

May 6, 2025
rewrite this title Luke Wells leads record-breaking Lancashire to Vitality Blast win

rewrite this title Luke Wells leads record-breaking Lancashire to Vitality Blast win

June 20, 2025
rewrite this title This  USB-C accessory is one of the best investments I've made for my electronics

rewrite this title This $12 USB-C accessory is one of the best investments I've made for my electronics

June 20, 2025
rewrite this title Alex Mashinsky forfeits rights to Celsius assets amid ongoing bankruptcy process

rewrite this title Alex Mashinsky forfeits rights to Celsius assets amid ongoing bankruptcy process

June 20, 2025
rewrite this title Discover the World of Reading at Seventh Grade

rewrite this title Discover the World of Reading at Seventh Grade

June 20, 2025
rewrite this title Ethereum Historic Rally Brewing: New All-Time High Within Reach In 2025 | Bitcoinist.com

rewrite this title Ethereum Historic Rally Brewing: New All-Time High Within Reach In 2025 | Bitcoinist.com

June 20, 2025
rewrite this title New Demand For Bitcoin Is Drying Up Fast – Capital Exits At Scale | Bitcoinist.com

rewrite this title New Demand For Bitcoin Is Drying Up Fast – Capital Exits At Scale | Bitcoinist.com

June 20, 2025
DeFi Daily

Stay updated with DeFi Daily, your trusted source for the latest news, insights, and analysis in finance and cryptocurrency. Explore breaking news, expert analysis, market data, and educational resources to navigate the world of decentralized finance.

  • About Us
  • Blogs
  • DeFi-IRA | Learn More.
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.