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Bitcoin tumbled 5% on Tuesday to around $97,000, while crypto exchanges closed out $205 million worth of open futures contracts within the span of one hour to prevent further losses.
Bitcoin extended its streak of record highs after ticking above $99,000 for the first time. The cryptocurrency has rocketed more than 40% in just two weeks. Now, bitcoin is at the doorstep of ...
Bitcoin has surged 12% as Trump's election odds in betting markets began rising in mid-September. Trump's crypto-friendly stance has boosted investor enthusiasm for bitcoin as his betting odds rise.
Bitcoin's price oscillated throughout the day, but is still up more than 27% over the last week — standing at about $88,288 as of 5 p.m. ET. That's part of a rally across cryptocurrencies and crypto-related investments since Trump won the U.S. presidential election.
Betfair odds even had Hillary Clinton with an 81% likelihood of winning on Election Day in 2016. The betting favorite has only lost twice since 1866, according to the Conversation, a nonprofit ...
Bitcoin has soared since Trump won the U.S. presidential election on Nov. 5. The asset climbed from $69,374 on Election Day, hitting as high as $103,713 Wednesday, according to CoinDesk.
Crypto assets like bitcoin have a history of drastic swings in value — which can come suddenly and happen over the weekend or overnight in trading that continues at all hours, every day.
Prediction markets show Trump leading Harris in 2024 election odds. The betting platform Polymarket has seen its trading volume surge, with $1.24 billion in October alone.