Crypto Markets Brace for Volatility Amid Election Night Uncertainty

TL;DR Summary
Bitcoin's price surged above $71,000 as the U.S. presidential election results remain uncertain, with investors anticipating volatility until a winner is declared. A Trump victory is expected to boost Bitcoin prices, while a Harris win might lead to a short-term sell-off. Historically, Bitcoin has seen significant gains post-election, partly due to coinciding with Bitcoin halving years. The crypto market is poised for potential record highs, influenced by election outcomes and expected Federal Reserve policy shifts.
Topics:business#bitcoin#cryptocurrency#cryptocurrency-market#donald-trump#kamala-harris#us-presidential-election
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- Altcoins Become Crypto’s Biggest Risk Trade as Election Draws to a Close Bloomberg
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