Crypto News in 24 Hours!✨️ (6/11)

1. Bitcoin Price Hit $BTC: Bitcoin hit a new all-time high (ATH), causing massive liquidation of short positions and increasing open interest (OI) as many people fomo (Fear of Missing Out) took new positions. This shows the bullish strength in the Bitcoin market.

2. US Presidential Election:

Donald Trump is projected to win 276 electoral votes and about 51.0% of the total popular vote, with a total of about 71,352,277 votes.

Kamala Harris is projected to win 222 electoral votes and about 47.5% of the popular vote, with a total of about 66,415,077 votes.

3. Market Sentiment: There has been a lot of discussion on platforms like X regarding Bitcoin price movements, with some users expressing concerns about being late to the market or considering selling other assets to buy crypto.

4. Major Crypto Projects: There was news of a major partnership between Citibank, Fidelity, and the country of Singapore for a major project using a particular cryptocurrency, indicating that more large financial institutions are entering the crypto ecosystem.

5. Market Reaction to Election Results: Several observers noted that Bitcoin moved positively after Donald Trump won the election, while the Jakarta Composite Index (JCI) experienced a decline. This shows how the election results can affect various investment assets.

6. Increased Awareness and Regulation: There are efforts to increase security and regulation in the crypto ecosystem in Indonesia, with Bappebti encouraging innovation while ensuring security for crypto traders.