Bitcoin Breaks $69K With Psychological $70K Mark In Site As US Election Nears

The
Bitcoin
price
broke
above
the
$69K
mark
in
the
last
24
hours
and
could
soon
overcome
the
$70K
threshold
as
the
US
presidential
election
nears.

The
leading
crypto
has


surged

more
than
7%
in
the
past
week
to
trade
at
$69,063.47
as
of
2:47
a.m.
EST. 

Top
10
Cryptos
Follow
Bitcoin
Lead

Almost
all
of
the
top
10
cryptocurrencies
by
market
capitalization
followed
Bitcoin’s
lead
in
the
last
24
hours,
with
only
Tron
(TRX)

recording
a
decline.

Meanwhile,
altcoin
king
Ethereum
(ETH)
registered
a
more
than
3%
increase
in
its
price
over
the
past
24
hours.
Similar
to
BTC,
the
latest
price
increase
was
a
continuation
of
ETH’s
positive
weekly
performance.

Binance
Coin
(BNB)
posted
a
more
than
1%
gain
in
the
last
24
hours,
while
Solana
(SOL)
surged
7%
to
trade
at
$170.30.
Remittance
token
Ripple
(XRP)
gained
over
1%,


Dogecoin

(DOGE)
jumped
more
than
4%,
while
Toncoin
(TON)
edged
up
1%
to
$5.36.

Donald
Trump
Leads
Kamala
Harris
In
Polymarket
Odds
As
Election
Nears

Set
to
take
place
on
Nov.
5,
the
US
presidential
election
is
less
than
three
weeks
away.
Trump’s
dominance
on
the
decentralized
betting
platform


Polymarket

persisted
in
the
last
24
hours.

During
this
period,
the
pro-crypto
candidate’s
odds
rose
1%.
Overall,
bettors
on
the
platform
see
a
61%
chance
of
the
former
US
president
retaking
the
White
House
this
election.

????
BREAKING:
For
the
first
time
since
Kamala
Harris
entered
the
race,
EVERY
BATTLEGROUND
state
is
shaded
RED
in
Polymarket.

That’s
312
electoral
votes
for
Donald
J.
Trump.

pic.twitter.com/xoZbx9SXlS

—
Eric
Daugherty
(@EricLDaugh)

October
20,
2024

Odds
in
favor
of
a
Harris
victory
slipped
by
1%,
taking
the
current
vice
president’s
odds
of
a
victory
down
to
39%.

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