Why Bitcoin Price Could Climb Even Higher After Trump Victory, According to Analysts

Quick Summary:

"In the six months that followed the last three presidential elections, Bitcoin has had triple digit returns," one analyst noted.

At the time of writing, the Bitcoin price is sitting just below $74,000 after peaking at a new all-time high of $75,358.70 very early this morning, according to CoinGecko data.

Meanwhile, on crypto betting platform Polymarket, the main betting pool for who would win the U.S.presidential election has already been resolved.

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Article Details

Author / Journalist: Stacy Elliott

Category: Crypto

Markets: Estonia

Topics: BTC price Breaking Push Presidential election Bitcoin price BTC Bitcoin Donald Trump Markets Us election

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-06 @ 14:10:53 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: decrypt.co

Language: English

Article Length: 535 words

Reading Time: 3 minutes read

Sentences: 14 lines

Sentence Length: 39 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Decrypt

News ID: 23448365

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About Decrypt

Main Topics: Crypto

Official Website: decrypt.co

Update Frequency: 3 posts per day

Year Established: 2018

Headquarters: Estonia

News Last Updated: 8 hours ago

Coverage Areas: Estonia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #63

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