Bitcoin $65,645 There are two reasons behind today’s rise in price. The most important of these is that Trump’s probability of winning on prediction platforms has reached record levels. The second reason is the volatility in US stock markets. Apart from these two, there are also reasons such as the potential for historical performance to end the long consolidation process.
Trump and BTC Rising
Donald Trump with considerable interest WLFI Token is launching for and has raised millions of dollars. How much more can he get involved in crypto? If he is elected president, we may see Trump make moves that are crazy enough to add Bitcoin to the Fed’s reserves. The promises are extremely big and this has created a story where Trump winning the elections will mean crypto wins the elections in the USA.
Although Harris made a few statements on crypto regulations, Democrat Gensler’s SEC with three weeks until the election cryptocurrency He continues his cases at full speed. Ripple $0.545542 appeals for and much more. In other words, when Harris is elected, the message is clearly given that the legal pressure will continue for cryptocurrencies.
Polymarket data shows that in this environment, Trump’s probability of winning the elections dates back to the peak in July. Even though Trump is behind in Reuters and other polls crypto- Investors’ prediction is that Trump will win the election. Moreover, this situation is getting stronger 3 weeks before the elections. Above you see what Trump’s win rates are on different platforms.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.