Welcome DT News

  • CONTACT
  • ABOUT US
Deythere
  • Home
  • News
    image 325
    CryptoMarketNewsSponsored Article

    Brett Price Prediction: Brett Hits $0.0556, While Troller Cat Climbs to $0.000017 With 69% APY Staking Power

    What if the next 60x meme coin wasn’t already at the top…

    By
    Benedikt Krüger
    May 31, 2025
    image 313
    CryptoMarketNewsSponsored Article
    Missed the Popcat Boom? Buy TCAT Now Before This Cat Jumps from $0.00001458 to $0.0005309
    May 31, 2025
    Why Coinbase’s June 13 Update Has XRP and SOL Traders on Alert
    NewsCrypto
    Why Coinbase’s June 13 Update Has XRP and SOL Traders on Alert
    May 30, 2025
    image 30 May 2025 12 40 50
    CryptoMarketNews
    Pi Coin Faces Crucial Weeks as Technical Indicators Flash Red
    May 30, 2025
    PSG Reveals Bitcoin Treasury Strategy: The Crypto World Cheers
    NewsBitcoinCrypto
    PSG Reveals Bitcoin Treasury Strategy: The Crypto World Cheers
    May 30, 2025
  • Cryptocurrency
    image 325
    Brett Price Prediction: Brett Hits $0.0556, While Troller Cat Climbs to $0.000017 With 69% APY Staking Power
    10 Min Read
    image 313
    Missed the Popcat Boom? Buy TCAT Now Before This Cat Jumps from $0.00001458 to $0.0005309
    7 Min Read
    Why Coinbase’s June 13 Update Has XRP and SOL Traders on Alert
    Why Coinbase’s June 13 Update Has XRP and SOL Traders on Alert
    7 Min Read
    image 30 May 2025 12 40 50
    Pi Coin Faces Crucial Weeks as Technical Indicators Flash Red
    3 Min Read
    PSG Reveals Bitcoin Treasury Strategy: The Crypto World Cheers
    PSG Reveals Bitcoin Treasury Strategy: The Crypto World Cheers
    5 Min Read
    Bybit MiCAR license
    Bybit Expands into Europe with MiCAR License and Vienna Headquarters
    6 Min Read
    Previous Next
  • Pages
    • Contact Us
    • Customize Interests
    • My Bookmarks
Reading: Why Is Bitcoin Rising? What’s Next for the Biggest Cryptocurrency? QCP Capital Answers!
Share

[ccpw id=”7831″]

DeythereDeythere
Font ResizerAa
  • Home
  • Crypto
  • Market
  • News
  • Blockchain
  • Contact
Search
  • Home
  • News
  • Cryptocurrency
  • Pages
    • Contact Us
    • Customize Interests
    • My Bookmarks
Have an existing account? Sign In
Follow US
© DT News. All Rights Reserved.
Deythere > News > News > Why Is Bitcoin Rising? What’s Next for the Biggest Cryptocurrency? QCP Capital Answers!
News

Why Is Bitcoin Rising? What’s Next for the Biggest Cryptocurrency? QCP Capital Answers!

recent rise of Bitcoin BTC with elements representing key factors such as U.S. elections regulatory discussions and econ
Milena Volodina
Last updated: October 15, 2024 1:04 pm
By
Milena Volodina
Published October 15, 2024
3 Min Read
Share

Bitcoin (BTC) has continued its upward momentum, gaining an additional 2.4%, briefly reaching a peak of $66,500 before stabilizing around the $65,000 mark. Supported by strong spot demand, the top cryptocurrency maintains its positive outlook. According to QCP Capital, several factors are contributing to Bitcoin’s recent rise. Analysts point to developments related to the U.S. elections, regulatory announcements, and global economic moves as key drivers of this price movement.

Contents
Election Uncertainty and New Regulatory ApproachesGeopolitical Risks Easing, Record Inflows to ETFs

Election Uncertainty and New Regulatory Approaches

Optimism in the cryptocurrency market has been fueled by expectations surrounding the U.S. elections. Particularly, Donald Trump’s rise in the polls has created a sense of security in the markets. Additionally, U.S. Vice President Kamala Harris has been sending more favorable signals regarding cryptocurrency regulations, which has further supported the market. Harris’ friendlier tone has generated excitement within the sector, contrasting with the previous hardline stance taken by the Biden administration.

At the same time, some investors are thought to be shifting their capital from Chinese stocks to Bitcoin following disappointment over China’s economic stimulus measures. QCP Capital had previously highlighted this possibility in their analyses. Additionally, the delay of Mt. Gox repayments for another year has relieved potential selling pressure on Bitcoin, positively impacting its price.

QCP
Screenshot

Geopolitical Risks Easing, Record Inflows to ETFs

QCP Capital also noted positive geopolitical developments. Reports suggesting that Israel may refrain from attacking Iran’s energy and nuclear infrastructure have helped ease concerns in the markets.

Meanwhile, demand for spot Bitcoin ETFs continues to rise. On Monday, there was a $555 million net inflow into Bitcoin ETFs, the largest since June 4th. Analysts suggest that with no major inflation or employment data expected to be released soon, risk premiums in the crypto market are reduced, providing a more favorable environment for growth.

With October typically showing strength in the second half of the month, QCP Capital sees new opportunities for investors. They recommend strategies that offer high returns at zero cost. If optimism surrounding the U.S. elections persists, Bitcoin is likely to continue its upward trend.

For more insights on cryptocurrency developments, follow Dey There.

Bitcoin, U.S. elections, cryptocurrency regulations, Bitcoin ETFs, geopolitical risks

Advertising

For advertising inquiries, please email . [email protected] or Telegram

Historic Peace Deal Struck in the Middle East

Untangling the Collapse: How UST and Other Stablecoins Fell from Grace

XRP Price Outlook: Can Ripple’s Token Break $3 Amid Market Volatility?

Bitcoin Bulls Hold Strong in the ‘Rektember’ Rally, Eyeing Record Gains

From Real Utility to Digital Gold: Why Qubetics, Cardano, and Litecoin Are the Best Crypto to Get Rich in 2025

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Email Copy Link Print
ByMilena Volodina
Milena Volodina is a blockchain strategist and cryptocurrency expert with 9 years of experience in the industry. With a background in finance and technology, Milena has worked on numerous blockchain projects, including the development of decentralized finance (DeFi) platforms and blockchain-based financial services. Her expertise in both the technical and financial aspects of blockchain technology allows her to provide a comprehensive view of the industry. At DT NEWS, Milena offers readers expert analysis and insights into the latest trends and innovations in the blockchain and cryptocurrency world, ensuring they stay informed about key developments.
Previous Article merger of three major altcoin projects SingularityDAO Cogito Finance and SelfKey. The design should include the logos or Three Major Altcoin Projects Unite! Prices Soar!
Next Article Bitcoin ETFs driving adoption featuring the Bitcoin symbol and stock market elements like ETFs and charts showing upward moment Anthony Scaramucci: Bitcoin ETFs Will Drive Widespread Adoption!
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow US

Find US on Socials
FacebookLike
XFollow
YoutubeSubscribe
TelegramFollow
Subscribe to our newslettern

Get Newest Articles Instantly!

- Advertisement -
Ad image
Popular News
crypto 2024
Crypto Derivatives Market Heats Up as Innovative Products Emerge
crypto approval
Blockchain Revolutionizes Energy Markets with Decentralized Trading Platforms
crypto news
Cutting-Edge Mining Technologies Drive Efficiency in Cryptocurrency Production

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Twitter Youtube Telegram Linkedin
Deythere

DT News influence 20 million users and is the number one business blockchain and crypto news network on the planet.

Subscribe to our newsletter

You can be the first to find out the latest news and tips about trading, markets...

Menu

  • Home
  • News
  • Sitemap
© DT News. All Rights Reserved.
Banner 1
Banner 2
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

  • English
  • Português (Portuguese)