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- Welcome $75,000!
Welcome back to the Daily Coinsauce Newsletter! Let’s dive into today’s updates—there’s a lot to unpack!
💧Top headlines from the last 24 hours:
• Donald Trump has entered the chat!
• Bitcoin hits a new all-time-high over $75,000!
📕Educational :
• Election night market update.
Lets dive in.
📅 Today
Welcome Trump ❗️
Donald Trump has officially been elected as President of the United States! This means, the following tailwinds for Bitcoin and crypto are on the cards :
Ross Ulbricht's release could become a possibility
SEC Chairman Gary Gensler's position may be reconsidered
BTC prices have a strong chance of reaching new all-time highs
Bitcoin mining in the U.S. could see substantial support
The U.S. Government may retain its 213,297 BTC holdings
The creation of a strategic Bitcoin reserve for national interests may be explored
These potential developments are highly favorable for Bitcoin's medium- to long-term outlook.
We believe that the coming 7–8 months could be euphoric for the crypto market. Hang on tight!
Welcome $75,000 🙏
Bitcoin has hit a new all-time high of $75,407 following Trump’s election victory—a development anticipated to be bullish for BTC, and it's delivering!
Given the high volatility, we suggest waiting for a weekly close above $70,500 this Sunday before considering long entries.
On the downside, as long as $62,500 holds, BTC is positioned for a strong continuation in the months ahead. Watch these key levels closely, and always manage risk in crypto investing.
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🌎 Other News
📕 Educational
Election Night Market Update:
1. Dow futures rally 900 points to near highest on record
2. #Bitcoin surges to $75,000 for the first time in history
3. US Dollar rises to highest level since July 2024
4. 10-year note yield rises to 4.5% for first time since June 2024
5. Volatility index falls to lowest level since August 2024
6. Oil prices fall sharply back toward $70/barrel
Markets are in full risk-on mode.
Source : The Kobeissi Newsletter
📊 Stat of the day
🤣 Meme of the day
Bye-Bye Gary 🤣
That concludes our update for today!
We appreciate you joining us for the latest news. We aim to provide the best-in-class insights and highlights that keep you well-informed and ready.
Remember to join us on Telegram and Twitter for additional updates and giveaways. Until then, see you next time!
Disclaimer: None of the content shared in the newsletter is financial advice. Always do your own research and analysis before investing.
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