{"id":589440,"date":"2024-10-21T09:32:08","date_gmt":"2024-10-21T09:32:08","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=589440"},"modified":"2024-10-21T09:32:08","modified_gmt":"2024-10-21T09:32:08","slug":"bitcoin-breaks-69k-with-psychological-70k-mark-in-site-as-us-election-nears","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/bitcoin-breaks-69k-with-psychological-70k-mark-in-site-as-us-election-nears","title":{"rendered":"Bitcoin Breaks $69K With Psychological $70K Mark In Site As US Election Nears"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The Bitcoin price broke above the $69K mark in the last 24 hours and could soon overcome the $70K threshold as the US presidential election nears.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The leading crypto has <\/span><a href=\"https:\/\/coinmarketcap.com\/currencies\/bitcoin\/\"><span style=\"font-weight: 400;\">surged<\/span><\/a><span style=\"font-weight: 400;\"> more than 7% in the past week to trade at $69,063.47 as of 2:47 a.m. EST.&nbsp;<\/span><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/image.cnbcfm.com\/api\/v1\/image\/106911087-16263029762021-07-12t182451z_1049474836_rc26jo9ua1af_rtrmadp_0_fintech-crypto-flows.jpeg?v=1697805205\" alt=\"Bitcoin (BTC) rises above $48,000 as crypto market tops $2 trillion\"><\/p>\n<h2><span style=\"font-weight: 400;\">Top 10 Cryptos Follow Bitcoin Lead<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Almost all of the top 10 cryptocurrencies by market capitalization followed Bitcoin&rsquo;s lead in the last 24 hours, with only Tron (TRX) <\/span><span style=\"font-weight: 400;\">recording a decline.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Meanwhile, altcoin king Ethereum (ETH) registered a more than 3% increase in its price over the past 24 hours. Similar to BTC, the latest price increase was a continuation of ETH&rsquo;s positive weekly performance.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Binance Coin (BNB) posted a more than 1% gain in the last 24 hours, while Solana (SOL) surged 7% to trade at $170.30. Remittance token Ripple (XRP) gained over 1%, <\/span><a href=\"https:\/\/insidebitcoins.com\/news\/top-5-meme-coins-to-buy-in-october-freedum-fighters-doge-eat-doge-mog-coin-pepe-unchained-dogecoin\"><span style=\"font-weight: 400;\">Dogecoin<\/span><\/a><span style=\"font-weight: 400;\"> (DOGE) jumped more than 4%, while Toncoin (TON) edged up 1% to $5.36.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Donald Trump Leads Kamala Harris In Polymarket Odds As Election Nears<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Set to take place on Nov. 5, the US presidential election is less than three weeks away. Trump&rsquo;s dominance on the decentralized betting platform <\/span><a href=\"https:\/\/polymarket.com\/event\/presidential-election-winner-2024?tid=1729493645846\"><span style=\"font-weight: 400;\">Polymarket<\/span><\/a><span style=\"font-weight: 400;\"> persisted in the last 24 hours. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">During this period, the pro-crypto candidate&rsquo;s odds rose 1%. Overall, bettors on the platform see a 61% chance of the former US president retaking the White House this election.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">&#128680; BREAKING: For the first time since Kamala Harris entered the race, EVERY BATTLEGROUND state is shaded RED in Polymarket.<\/p>\n<p>That's 312 electoral votes for Donald J. Trump. <a href=\"https:\/\/t.co\/xoZbx9SXlS\">pic.twitter.com\/xoZbx9SXlS<\/a><\/p>\n<p>&mdash; Eric Daugherty (@EricLDaugh) <a href=\"https:\/\/twitter.com\/EricLDaugh\/status\/1847972258804826255?ref_src=twsrc%5Etfw\">October 20, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">Odds in favor of a Harris victory slipped by 1%, taking the current vice president&rsquo;s odds of a victory down to 39%.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Related Articles:<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/news\/new-politifi-coin-freedum-fighters-raises-100k-in-1-hour-as-trump-and-maga-whales-buy-in\"><span style=\"font-weight: 400;\">New PolitiFi Coin FreeDum Fighters Raises $100K In 1 Hour As $TRUMP And $MAGA Whales Buy In<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/news\/secs-latest-filing-does-not-appeal-courts-xrp-security-status-ruling-says-ripple-legal-chief\"><span style=\"font-weight: 400;\">SEC&rsquo;s Latest Filing Does Not Appeal Court&rsquo;s XRP Security Status Ruling, Says Ripple Legal Chief<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/news\/next-cryptocurrency-to-explode-october-20-apecoin-raydium-filecoin-immutable\"><span style=\"font-weight: 400;\">Next Cryptocurrency to Explode, October 20 &mdash; ApeCoin, Raydium, Filecoin, Immutable<\/span><\/a><\/li>\n<\/ul>\n                                        <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                                    <div class=\"col-12 col-md-8\">\n                                        <p class=\"inContentProviderSingle--title\">Most Searched Crypto Launch - 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