Bitcoin stalls around $90k after post-election surge, analysts expect $100k, positive.
From Investing.com
November 18, 2024 11:06 AM:
Bitcoin remained near $90,000, easing from record highs as market sentiment cooled. Last week, it surged 11% to nearly $93,500 fueled by optimism post-Trump’s win. Now at $89,663.0, analysts expect it to hit $100,000 next. Bernstein predicts Bitcoin hitting $200K by 2025 due to pro-crypto Trump admin and potential US bitcoin reserve creation. Altcoins like Ethereum and Litecoin mirror Bitcoin’s slowdown, while meme coins like Shiba Inu and Dogecoin fluctuate.
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– Bitcoin reaches new all-time high of $65,000, driven by increasing institutional interest and positive regulatory developments. The cryptocurrency market cap surpasses $2 trillion for the first time.
– Tesla reports record quarterly revenue of $11.96 billion, up 74% year-over-year. The electric car maker delivers 184,800 vehicles in Q1, exceeding expectations.
– GameStop announces plans to sell up to 3.5 million shares, aiming to raise up to $1 billion for e-commerce transformation. The stock price drops 13% following the news.: flat around $90k as post-election rally slows By Investing.com
