A rising Bitcoin dominance does not necessarily diminish the potential for altcoins. Instead, it can serve as a precursor to an altcoin rally. Bitcoin’s success provides the liquidity and investor confidence that often spills over into the broader cryptocurrency market.

The world's biggest cryptocurrency BTC= has become one of the most eye-catching movers in the week since the election.

Bitcoin stood on the verge of $90,000 on Tuesday, riding a wave of euphoria since the election of Donald Trump as U.S. president on expectations his administration will be crypto friendly. The world's biggest cryptocurrency has become one of the most eye-catching movers in the week since the election and touched $89,

The price of bitcoin topped $80,000 for the first time Sunday, extending a rally fueled by crypto optimism following Donald Trump’s election win.

Global stocks came under pressure on Tuesday from investor concern about U.S. President-elect Donald Trump's policies, while bitcoin neared a record $90,000 as traders piled into assets they believe could benefit from the new administration.

U.S. stocks rose Monday, led by those seen as benefiting the most from Donald Trump’s reelection as president, but drops for some high-profile Big Tech stocks kept indexes in check. The S&P 500 edged up by 0.