Bitcoin Inches Closer To $71,000: How The 2024 US Race Is Fueling The Cryptocurrency

Updated : Oct 29, 2024 13:16
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Editorji News Desk

Bitcoin prices are soaring! The world’s largest cryptocurrency is now trading closer to $71,000, a level last seen in June 2024.

So, what’s fueling this surge? A big factor driving the crypto rally is the U.S. presidential election.

Republican candidate Donald Trump is positioning himself as pro-crypto.

Even Kamala Harris has signaled a notable shift from the Democratic Party anti-crypto stance.

This shift is being closely watched by crypto regulation advocates, adding to the positive sentiment in the market.

We’ve covered this Bitcoin surge in greater detail in a recent video, which you can find on our channel, BusinessHook. Just search the channel’s name as one word!

What’s your take on investing in cryptocurrencies and the recent Bitcoin surge?.

Also Watch: Smart Holiday Travel Hacks for Young Professionals | Save Money on Your Next Trip!

Bitcoin

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