Bitcoin jumps to $77,500 after Trump’s election with hopes of breaking $80,000


The price of Bitcoin jumped 2.5% today after President Trump confirmed the escalation of the war in Iran, and the market moved exactly as expected. BTC touched $77,500 in morning trade in Asia, its highest level since last Friday’s $78,300, which was the highest in two months.

On the other hand, the stock market showed a different movement, as the index S & P 500 fell by 0.5% at the end of last night, removing $ 500 billion from the market value. Ethereum also rose 2.5%, following Bitcoin’s lead. The company’s recommendations Spot Bitcoin ETF will provide a stable return on current prices, while today’s global support is increasing foreign demand.

“Cryptocurrencies have been on the upswing in the past few weeks, often breaking out with bad news and rising with good news,” said Caroline Morrone, co-founder of Orbit Markets. This diversity reflects the growing importance of digital products.

Bitcoin price prediction: $80,000 this week

Wednesday’s bounce brought BTC into critical territory. Most analysts expect Bitcoin to reach $75,000 within the next 10 days, with a weekly forecast of $77,300, which puts the current price in the bullish zone. Some of the most optimistic forecasts put the ceiling on the price of April 22 at $ 85,800, although this is far from the current agreement.

The difficult parts seem clear; Paul Howard, Managing Director at Vincent, explained that the area of ​​$ 72,000 is the area of ​​support, while the amount of $ 79,000 represents when profit taking has prevented the meeting from continuing repeatedly. However, the level of $75,000 should be a solid floor, and a clear close above $80,000 could open the way for further upside.

Technically, the Relative Strength Index (RSI) is holding a strong breakout around the 50 level, while the Exponential Moving Average (EMA) is moving higher with 11 out of 23 signal indicators. If the firefight continues, Bitcoin could close above $79,000 this week, which would lead to more money flowing and send the price above $80,000.

It is worth noting that Bitcoin has beaten gold by a wide margin since the end of February, rising by 15% while the precious metal fell by 10%, which does not seem to be a coincidence.

The Bitcoin Hyper project looks for opportunities to grow as Bitcoin attempts higher levels

Bitcoin reaching $77,500 gives signs of hope, but with a large market capitalization, the math to achieve a large price increase becomes difficult. This is where startup projects within the Bitcoin ecosystem emerge as opportunities for growth, and this is what led to the launch of the Bitcoin Hyper project.

The project is in good condition Bitcoin Hyper ($HYPER) As the first Bitcoin Group 2 and Solana Virtual Machine (SVM) integration, it offers faster speeds than Solana, plus the essential security of the Bitcoin network. The project aims to overcome three major obstacles in Bitcoin: slow transactions, high fees, and system stability.

The current price is $0.0136, with $32 million raised so far. Staking rewards are also available with an annual return of 36%. The project also includes a stable bridge to exchange Bitcoin and execute high-speed contracts through SVM. Bitcoin institutional demand signals indicate that the broader ecosystem is entering a period of expansion, which has led to a significant increase in the value of tokens created with BTC.

A note Bitcoin jumps to $77,500 after Trump’s election with hopes of breaking $80,000 appeared for the first time Cryptonews Arabic.





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