Cryptocurrency News Today TheBitTimes.com

The Bitcoin price climbed 1% in the last 24 hours to trade at $76,557 as of 9:09 p.m. EST, despite trading volume dropping 14% to $51.65 billion. The Donald Trump election victory continued to pump markets over the past 24 hours, with Bitcoin clocking another all-time high at $77,252, according to CoinMarketCap. Bitcoin Price Set For A Continued Rally The Bitcoin price, according to the BTC/USD chart Analysis on the 4-hour chart, shows a clear “cup and handle” formation (highlighted in yellow). This is a bullish continuation pattern, which generally suggests a potential upward breakout if confirmed. According to GeckoTerminal data, a sustained breakout above the resistance level of around $76,500 could lead to a significant price rally. BTC price now trades above both the 50-day and 200-day Simple Moving Averages (SMAs), further supporting the generally bullish outlook of the price. The Relative Strength Index (RSI) is currently at 65.26. Although it’s in the ...

The Maga Hat price surged over 29% in the last 24 hours to trade at $0.000185 as of 4:12 a.m. EST as investors rush to buy the political meme coin ahead of the US election tomorrow. The strong 24-hour performance by the MAGA price comes as former US President Donald Trump and current Vice President Kamala Harris stand neck-and-neck in the polls . Currently, Harris has a slight lead over her political rival, with her odds at 48% and Trump’s at 47%. 4-hour chart for MAGA/USD (Source: GeckoTerminal ) Maga Hat Price Breaks Resistance The Maga Hat price broke through the resistance level at $0.0001746 in the last few hours. If the bullish pressure persists, the meme coin could soon attempt to flip the $0.0002319 resistance level into support to potentially rise to as high as $0.0002874. However, the Maga Hat price dropping below $0.0001780 within the next 12 hours might bring an end to MAGA’s bullish move. Traders could then end up realizing their profits, which might pu...