- Bitcoin rallies over $75K ahead of a Trump win.
- Pro-Trump crypto bets hit the jackpot, making millions overnight.
As a seasoned crypto investor with a knack for spotting trends and a keen eye for political movements, I must admit that the recent Bitcoin rally caught me off guard but pleasantly surprised nonetheless. Having been through the 2017 bull run and subsequent bear market, I’ve learned to navigate the volatile waters of cryptocurrency with a steady hand and a patient heart.
As the 2020 U.S. Presidential election unfolded, I found myself, as a researcher interested in cryptocurrencies, teetering on the brink of anticipation alongside other investors. The general consensus was that if Donald Trump emerged victorious, it could potentially ignite a Bitcoin [BTC] surge.
Without fail, the market delivered impressive results. Even before the official announcements, Bitcoin surpassed the $75,000 threshold, reaching an unprecedented peak of $73,589 by the time of publication.
To add on, it’s worth noting that an astounding 98% of Bitcoin owners were experiencing gains, according to information from Glassnode.
Trump declares early victory
In an exhilarating turn of events, I found myself on the brink of victory in Florida, following a nail-biting competition. Earlier projections had indicated my potential triumph in the pivotal swing states such as Pennsylvania, North Carolina, and Georgia.
Later, the Associated Press (AP) projected Trump as the winner of Wisconsin.
As per the AP’s most recent predictions, Donald Trump had gathered 277 votes in the Electoral College, while Kamala Harris, his Democratic challenger, had 224. The magic number of 270 votes was needed for a win.
Thus, Trump has secured the Oval Office, becoming the POTUS.
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2024-11-06 21:11