Bitcoin (BTC) 
$68,797It broke a new record and rose to $75,700 as the probability of Donald Trump winning increased on betting platforms before the outcome of the US presidential elections.
Election Rates Are Rising in Polymarket
Online betting platform Polymarket updated Trump’s probability of winning the election to 92.2 percent. This rise attracted attention among investors and cryptocurrency enthusiasts.
NBC News predicted that Trump would win the election with 210 delegates, while his opponent Harris projected that he would win with 91 delegates. According to Fox News, Trump will receive 211 delegates and Harris will receive 117 delegates.
Competition Continues in Pennsylvania
It is necessary to reach 270 delegates in the presidential race, and at this point, all eyes are on the critical state of Pennsylvania. It was reported that Trump was ahead by about 100,000 votes here, with 67 percent of the votes counted.
BTC price is at $74,560 as of the moment the news was published and has increased by 9.5% in the last 24 hours. This move is considered a remarkable development in crypto markets.
Investors attribute this increase in Bitcoin’s price to Trump’s election success. It is observed that political developments in the crypto world may affect prices. Bitcoin’s rise shows that market confidence is increasing and paints a positive picture. According to experts, crypto markets are likely to continue to be affected by political and economic factors in the future.
As a result, Bitcoin’s new record once again revealed the impact of political developments on cryptocurrency markets. Investors continue to monitor the market closely.
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.
