{"id":141442,"date":"2024-11-05T17:14:28","date_gmt":"2024-11-05T15:14:28","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=141442"},"modified":"2024-11-05T17:14:58","modified_gmt":"2024-11-05T15:14:58","slug":"bitcoins-price-breaks-70000-on-election-day","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/bitcoins-price-breaks-70000-on-election-day\/","title":{"rendered":"Bitcoin&#8217;s Price Breaks $70,000 on U.S. Election Day"},"content":{"rendered":"<p><strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin\u2019s price<\/a><\/strong> surged by 2.7% in the past 24 hours and is currently trading over $70,000 with $42.9 billion in volume. The market cap now stands at $1.385 trillion.<\/p>\n<p><a href=\"https:\/\/cryptodnes.bg\/en\/bitcoins-price-breaks-70000-on-election-day\/btcusd_2024-11-05_17-01-18\/\" rel=\"attachment wp-att-141443\"><img decoding=\"async\" class=\"alignnone size-full wp-image-141443\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/11\/BTCUSD_2024-11-05_17-01-18.png\" alt=\"\" width=\"2048\" height=\"937\" srcset=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/11\/BTCUSD_2024-11-05_17-01-18.png 2048w, https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/11\/BTCUSD_2024-11-05_17-01-18-300x137.png 300w, https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/11\/BTCUSD_2024-11-05_17-01-18-1024x469.png 1024w, https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/11\/BTCUSD_2024-11-05_17-01-18-768x351.png 768w, https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/11\/BTCUSD_2024-11-05_17-01-18-1536x703.png 1536w\" sizes=\"(max-width: 2048px) 100vw, 2048px\"><\/a><\/p>\n<p>The 1-day technical analysis shows very bullish santiment with the summary and moving averages pointing to \u201cstrong buy\u201d with 16 and 14 signals, respectively, while oscillators remain in \u201cneutral\u201d at 8.<\/p>\n<p>During the past 24 hours $224.95 million were <strong><a href=\"https:\/\/www.coinglass.com\/LiquidationData\" rel=\"nofollow\">liquidated<\/a> <\/strong>from the crypto market ($133.21 in long positions and $91.74 million in shorts.)<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-141427\" href=\"https:\/\/cryptodnes.bg\/en\/bitcoin-btc-set-for-volatility-as-election-day-begins\/\" title=\"Bitcoin (BTC) Set for Volatility as Election Day Begins\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/05\/bitcoin-usa-price-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Bitcoin (BTC) Set for Volatility as Election Day Begins<\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p><strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/dogecoin\/\">Dogecoin<\/a> <\/strong>was the biggest winner during this period, surging by 14.2% to $0.18 and currently has a market cap of almost $26 billion.<\/p>\n<p>This uptick in the crypto market aligns with the ongoing presidential election in the United States. Many expect Trump\u2019s potential win to boost prices, while others see Bitcoin surging irrespective of who wins.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>With the beginning of the election day in the U.S., Bitcoin regained its momentum and surged above $70,000 after the recent correction.<\/p>\n","protected":false},"author":7,"featured_media":26856,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[72,424,109,108,122],"coin_category":[],"class_list":["post-141442","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin","tag-crypto","tag-dogecoin","tag-price","tag-trump"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Bitcoin&#039;s Price Breaks $70,000 on 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