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Bitcoin (BTC) Price Hits $76K as Crypto Liquidations Soar, Coinbase (COIN) Rockets 30% Higher on Trump Sweep

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“It is laborious to suppose how the election final result might have landed higher for the business, and expectations of key regulatory enhancements are more likely to construct within the coming months and quarters,” David Lawant, head of analysis at crypto prime brokerage FalconX, stated in a Wednesday report. “Such readability might open room for extra crypto ETF merchandise, masking the principle crypto property and doubtlessly additionally a broader crypto index, and provides entrepreneurs and traders extra consolation in U.S. token launches.” Nonetheless, Lawant warned of short-term dangers in the mean time, which can embody “last-minute enforcement actions by departing officers.”



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Tags: 76KBitcoinBTCCoinCoinbasecryptoHigherhitsLiquidationsPriceRocketsSoarSweepTrump
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