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Bitcoin has erased all its gains since Trump's election

BlockBeats News, February 4th, according to HTX market data, on the day Donald Trump won the U.S. presidential election (November 6, 2024), Bitcoin reached a high of around $76,400. Bitcoin tested as low as $72,945 this morning and is now trading at $76,648, erasing all gains since Trump's election.

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On-Chain Activity

1h ago

MRVL was officially included in the S&P 500 today. This development has led to on-chain whales accumulating positions in the pre-market session.

1h ago

Intellectual Spectrum Launches On-Chain Contract, Sees Daily Price Surge Followed by Retracement; Short-Term Bear Enters 5x Leveraged Intraday Short Position

1h ago

Since reaching its all-time high, SpaceX's market value has fallen by 21%, with large on-chain SPCX holders holding 71.7% in short positions.

1h ago

SK Hynix briefly became South Korea's largest company by market capitalization, with the largest on-chain short position currently at a $3.7 million unrealized loss.

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