Can US Election Results Propel Bitcoin (BTC) Towards $80K?
The world’s largest cryptocurrency, Bitcoin (BTC), caught the attention of many despite the ongoing buzz around the US elections. The king coin finally managed to hit a new all-time high after teasing its investors for quite some time. BTC registered a new peak of $75,011.06. Investors’ bets that former President Donald Trump was winning the U.S. election as the results came in were tied to the most recent rise. Also Read: BRICS Give Update on Payment System: Target US Dollar in 2025 Will Bitcoin Continue This Hot Streak? At press time, following a slight setback of 0.65% the king coin was trading at $74,485.00. It should be noted that BTC soared by 9.02% over the past 24 hours. Bitcoin went from trading at a low of $68,287 to a high of $75,011. Source Bitcoin witnessed a major spike in its daily volume. The asset rose by nearly 100%, and its trading volume currently stands at $79.30 billion. The overall market sentiment remains bullish, with 74% of 413842 individuals stayin...