Today’s Bitcoin News – November 7, 2024

Bitcoin surged to $75,000, wiping out $180M in short bets, with analysts eyeing $100K by early 2025 as Trump’s pro-crypto win boosts optimism. Meanwhile, BlackRock’s IBIT hit $4.1B volume post-election, Cynthia Lummis pushes for a U.S. Bitcoin reserve, and South Korea arrests 81 in a botched Bitcoin scam targeting a detective. Spot demand and regulatory shifts hint at a pivotal year-end for BTC.

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