**Crypto News Flash: Bitcoin Almost Hits New Record!**
- This week the crypto market has been absolutely crazy! Bitcoin almost hit an all-time high, just shy of $150. However, sellers came in and pushed the price back down. 😅
- The total market cap has increased by about $50 billion as we head into the US Presidential Election week.
- Bitcoin was trading around $68,000 last week and almost hit a new record on Tuesday. Now, BTC is trading around $70,000. Will this level last? Let’s see!
- Bitcoin’s dominance has also increased, reaching almost 60% of the total market – the highest in three and a half years.
- Yesterday, October 31, was the 16th anniversary of the Bitcoin whitepaper. Even Donald Trump congratulated the Bitcoin community!
- MicroStrategy announced plans to raise $42 billion to buy more Bitcoin over the next three years. Wow!
- Next week is expected to be even more volatile with the results of the US Presidential Election on November 5. Whatever the outcome, it will likely affect the crypto market.
**Market Data:**
Market Cap: $2.46T | 24-Hour Volume: $125B | BTC Dominance: 56.4%
**Price:**
BTC: $70,205 (+3.3%) | ETH: $2,536 (0%) | BNB: $578 (-2.3%)
**Crypto News This Week:**
- MicroStrategy announces $42B plan to buy more Bitcoin.
- Bitwise CIO claims Bitcoin could hit $200,000 without dollar crash.
- Former Binance CEO won’t be returning after prison release.
- BlackRock Bitcoin ETF records $872M inflows.
- IMX token plunges after SEC sends Wells Notice to Immutable.
- Bitcoin price returns to $70K despite weak US jobs data.
**Chart Analysis:**
This week, we have chart analysis for Ripple, Binance Coin, Solana, Dogecoin, and Maker – click here for full price analysis.
What do you think about the crypto market volatility this week? Comment below!
