Bitcoin set a new all-time high against the backdrop of elections in the United States of America.
According to Coindesk, at its peak this cryptocurrency was worth $74.9 thousand. And Decrypt, with reference to CoinGecko data, informs about the cost of Bitcoin at 74.5 thousand dollars. Axios reported this.
It is noted that Bitcoin began to rise in price with the approaching American elections. And the preliminary election results, indicating the likely victory of Donald Trump, influenced the new price of the digital currency. The fact is that Trump supported the crypto business in his election campaign and made cryptocurrency a part of it – in one of the videos he treated voters to burgers, for which he paid with cryptocurrency.
As you know, the last time the price of Bitcoin hit its all-time high was March 14, 2024. Then it cost 73.7 thousand dollars.
Let us remind you that the preliminary results of the US elections indicate that Donald Trump has already received 246 votes, while Democratic representative Kamala Harris has received 210 voters. To win the presidential election, candidates need the support of 270 voters.
Source: Axios
Source: Racurs
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.