US elections led to Bitcoin rallies regardless of winning partyBitcoin has historically rallied following the US presidential elections, showing independence from party outcomes.
Happy Thursday!The global crypto market cap is $2.02 trillion, with a 24-hour volume of $65.63 billion. The price of Bitcoin is $57,496.98, and BTC market dominance is 56.2%. The price of Ethereum is $2,321.74, and ETH market dominance is 13.8%. The best-performing sector is Insurance, which gained 27%. The Crypto Fear & Greed Index is currently Extreme Fear (31). LATEST SLATECAST 🎙️ Bitcoin and stablecoins will reshape global monetary policy, says Noelle Acheson 📰 Top News
US elections led to Bitcoin rallies regardless of winning partyBitcoin has historically rallied following the US presidential elections, showing independence from party outcomes. Swift unveils global infrastructure to streamline tokenized asset transfersThe payments infrastructure provider said the move aims to solve the interoperability issues related to different technologies and regulatory discrepancies. Bitcoin mining difficulty hits record high of 92.67 trillion amid falling miner revenuesBitcoin hash rate has also been steadily climbing during the period. UK Parliament proposes legislation to recognize digital assets as personal propertyThe proposed legislation creates a third category to address cryptoassets and warns against setting hard boundaries to the concept. 📈 Latest Insights
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Latest Market Report
Bitcoin’s historical performance: September dips and year-end ralliesCryptoSlate's latest market report dives deep into Bitcoin's historical monthly and quarterly returns, focusing on the period between 2013 and 2024 to assess the likelihood of a similar pattern unfolding in 2024.
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