Bitcoin hits an all-time high of $75,000

November 6, 2024  09:50

Bitcoin cryptocurrency has set a new exchange rate record, reaching $75,000. In just one hour, the increase made an impressive 10%, showing the strongest upward dynamics since the beginning of the year.

Such a sharp increase was facilitated by the ongoing presidential elections in the USA, in which the Republican candidate Donald Trump, who has a positive position on the issue of cryptocurrencies, is leading at the moment.

The New York Times analytical system estimates the probability of Donald Trump's victory at 71%, which caused a strong reaction in the cryptocurrency market.

The Polymarket platform gives an even more optimistic forecast, where the probability of Trump's victory is estimated at 90%. It appears that market participants are already factoring this scenario into the Bitcoin price, reacting with active buying.

The final results of the election have not been published yet, but the cryptocurrency market is already reacting to the preliminary data.


 
 
 
 
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