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As of 9:22 AM ET on Wednesday, November 6, 2024, Bitcoin (BTC) has seen a significant surge of 7.22%, reaching a price of $73,859.80. This increase comes amid market reactions to the results of the 2024 U.S. presidential election, where Donald Trump has emerged victorious and will retake the White House.
With a market capitalization now at $1.46 trillion and a 24-hour trading volume of $107.468 billion, Bitcoin has continued its momentum in what has been a volatile year for cryptocurrencies. The uptick in Bitcoin’s price follows broader market reactions to Trump’s win, which has sparked optimism in certain sectors, including tech and digital assets.The market dominance of Bitcoin remains strong at 94.53%, with 19.778 million BTC currently in circulation.
Market Overview:
- Bitcoin (BTC): $73,859.80 (+7.22%)
- Market Cap: $1.46 trillion
- 24-Hour Trading Volume: $107.468 billion
- Market Dominance: 94.53%
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Stock prices and cryptocurrency values are highly volatile and subject to rapid fluctuations. Readers should conduct their own research or consult with a financial advisor before making any investment decisions.