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Bitcoin Price Hits New All-Time High As Traders Bet Trump Will Beat Harris

by Daily Hodl Staff
November 5, 2024
in Bitcoin, Trading

Bitcoin (BTC) just hit a new all-time high of $74,504 as Donald Trump’s odds of winning the presidency surge on betting sites.

The online betting site Polymarket now has Trump at a 92.2% chance of winning the election.

At time of publishing, NBC News projects Trump has secured 210 electoral votes, with Harris securing 91.

Fox News projects Trump has secured at 211 electoral votes, with Harris at 117.

A total of 270 electoral votes is needed to win the presidency, with many eyes now on the battleground state of Pennsylvania, where Trump currently has about a 100,000 vote edge with 67% of the vote counted.

The price of BTC is at $74,365 at time of publishing, up 9.5% in the last 24 hours.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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