Official portrait of President Donald J. Trump, Friday, October 6, 2017. (Official White House photo by Shealah Craighead)
Bitcoin has reached an all-time high of $75,000, buoyed by rising speculation around a Donald Trump electoral victory.
The cryptocurrency’s rally coincides with a surge in market sentiment linking a potential Trump presidency to a favorable crypto environment, given his previously stated support for establishing a strategic Bitcoin reserve.
As of the latest figures, Bitcoin is trading at around $74,474, while Ethereum and other altcoins are also seeing significant gains.
With Trump reportedly winning key states in the ongoing U.S. presidential election, bets on crypto platforms like Polymarket indicate a 90% confidence rate in his victory, reflecting the market’s anticipation of a potential shift in U.S. digital asset policies.
Bitcoin’s price surge underscores the strong influence of political factors on the cryptocurrency market, with investors closely monitoring the final election outcome.
The Nigeria Education Loan Fund (NELFUND) has disclosed that the free access provided by the…
Oyo State Governor, Seyi Makinde, has justified the reason for calling for the withdrawal of…
US President Joe Biden on Monday commuted the death sentences of 37 of 40 federal…
The Federal Government plans to begin constructing train tracks on Section I of the Lagos-Calabar…
Ebonyi State Governor, Francis Nwifuru, has issued a firm directive to the 13 Local Government…
Governor Hope Uzodimma has reaffirmed his commitment to supporting sports development in the state by…