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Bitcoin Price Explodes to New All-Time High at $75,000

Trump’s odds of election victory are up to 79% according to crypto bettors. 
George Georgiev
By George Georgiev

Bitcoin just charted new all-time highs at $75,000 per coin as Donald Trump’s odds of U.S. Presidential Election victory look all but certain. 

Source: TradingView

As of 9:50 PM EDT on Tuesday, Donald Trump had secured 188 electoral votes across the country, while Kamala Harris had only hauled 99 electoral votes. 

Major states like Flordia and Texas had already been called for Trump, while swing states like Virginia and Pennsylvania slowly moved toward his favor. 

According to Polymarket, Trump’s odds of election victory have rocketed to 88%, as of writing time. 

Source: Polymarket

Trump is widely viewed as the pro-crypto candidate by the crypto industry, with voice like Kraken CEO Jesse Powell and Bitcoin Magazine CEO David Bailey proudly endorsing the forty-fifth. 

While Harris has said little regarding her views on cryptocurrency, Trump has made bold promises to the sector, including to fire SEC chairman Gary Gensler, and to establish a strategic Bitcoin stockpile.

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Bitcoin (BTC) Price
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About the author

George Georgiev
George Georgiev
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Georgi Georgiev is CryptoPotato's editor-in-chief and a seasoned writer with over 8 years of experience writing about blockchain and cryptocurrencies. Georgi's passion for Bitcoin and cryptocurrencies bloomed in late 2016 and he hasn't looked back since. Crypto’s technological and economic implications are what interest him most, and he has one eye turned to the market whenever he’s not sleeping.