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Blog

Bitcoin Price Explodes to New All-Time High at $75,000

Bitcoin just charted new all-time highs at $75,000 per coin as Donald Trump’s odds of U.S. Presidential Election victory look all but certain. 

Source: TradingView
  • As of 9:50 PM EDT on Tuesday, Donald Trump had secured 188 electoral votes across the country, while Kamala Harris had only hauled 99 electoral votes. 
  • Major states like Flordia and Texas had already been called for Trump, while swing states like Virginia and Pennsylvania slowly moved toward his favor. 
  • According to Polymarket, Trump’s odds of election victory have rocketed to 79%, as of writing time. 
  • Trump is widely viewed as the pro-crypto candidate by the crypto industry, with voice like Kraken CEO Jesse Powell and Bitcoin Magazine CEO David Bailey proudly endorsing the forty-fifth. 
  • While Harris has said little regarding her views on cryptocurrency, Trump has made bold promises to the sector, including to fire SEC chairman Gary Gensler, and to establish a strategic Bitcoin stockpile.

The post Bitcoin Price Explodes to New All-Time High at $75,000 appeared first on CryptoPotato.

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