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November 5, 2024

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

By Daily Hodl Staff

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.

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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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