Cryptocurrency price tracking websites such as CoinMarketCap or Binance

Bitcoin Surges to $72,000 as Trump's Odds Hit 75%

Nov 6, 2024, 02:25 AM

Bitcoin's price has surged to $72,000, nearing its all-time high of $73,750.07 set on March 14, 2024. This increase is attributed to factors such as the U.S. presidential election and growing institutional interest. As Donald Trump's chances of winning key swing states Georgia, Pennsylvania, and Wisconsin rose, Bitcoin's price saw a significant boost, reaching $71,500 Tuesday evening. Trump's current electoral vote count stands at 178, while Harris has 99. Over $3 billion has been wagered on this election, highlighting the high stakes and potential market impact. Trump's odds of winning have reached 75% on Polymarket.