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Cryptocurrencies Price Prediction: Altcoin, Bitcoin & Crypto – European Wrap 21 November

Cryptocurrencies Price Prediction: Altcoin, Bitcoin & Crypto – European Wrap 21 November
FXStreet TeamFXStreet TeamFXStreet

Is Altcoin Season here as Bitcoin reaches a new all-time high?

Bitcoin (BTC) reaches a new high of $98,384 on Thursday, with altcoins also rallying in response to US President-elected Donald Trump's crypto-friendly stance. On-chain data suggests the Altcoin Season Index has further growth potential, as investors appear hesitant to fully rotate into altcoins while BTC edges closer to the $100,000 milestone.

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Bitcoin blasts past $97K amid post-election bullish signals

Bitcoin has shattered another milestone, surging past $97,000 in what has been an extraordinary week for the world’s largest cryptocurrency. While the recent U.S. presidential election provided a spark, a confluence of regulatory developments, market optimism, and institutional adoption has powered Bitcoin’s meteoric rise.

Trump eyes crypto-czar: Coinbase CEO backed for key role

The cryptocurrency world is buzzing with discussions about a potential "Crypto-Czar" role in the White House. President-elect Donald Trump is reportedly considering creating this position to guide US policy on blockchain and digital assets, signaling an effort to modernize crypto regulations. Among the names suggested, Charles Hoskinson, the founder of Cardano and co-founder of Ethereum, has proposed Brian Armstrong, the CEO of Coinbase, for the role.

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Bitcoin: The capitulation phase unfolds

Bitcoin: The capitulation phase unfolds

Bitcoin (BTC) market structure continues to deteriorate as the capitulation phase begins to take shape, with BTC sliding below $97,000 on Friday and extending losses to more than 7% so far this week.