Bitcoin is pushing $80,000: Here is the expected date!
succeedwithyou
30 Oct, 2024
Bitcoin broke a new record in the past hours. Industry experts talked about the date when the cryptocurrency will see $ 80,000.
Bitcoin (BTC) continues its climb to record levels as the US presidential election approaches. The flagship of the cryptocurrency market has managed to break the record level it recorded in March, exceeding $74,000 with its latest rally. So how long will this rise last? Here are the details…
The $80,000 band may be close for Bitcoin!
According to Bitfinex's latest report, geopolitical uncertainties and volatility created by the US elections support Bitcoin's upward trend. In particular, the increase in speculative positions called 'Trump trade' increases the volatility of the cryptocurrency. Market experts think that especially the Republicans' victory in the elections could cause Bitcoin to increase.