The price of bitcoin (BTC) reached historical highs in the currencies of some countries in America and Europe, with the rise it registered in the last 24 hours.
As CriptoNoticias already reported, the digital currency created by Satoshi Nakamoto surpassed the $71,000 line and was 3.4% away from reaching its historical maximum (ATH), in terms of the North American currency.
At the time of publication of this note, the price of bitcoin in dollars is $71,079, as seen in the following graph. TradingView.
The great movement that was registered during the last day, took BTC to all-time highs against several fiat currencies (issued by central banks) as is the case of the Brazilian currency.
According to data from TradingView, It is the first time that BTC is trading above 405 reais.
Similarly, 1 bitcoin briefly reached a record value of 492,200 bolivianos (BOV), exceeding the highs of mid-March.
In Mexico, the situation is similar, as BTC also reached an all-time high against the Mexican peso. At the time of publication of this article, 1,426 million Mexican pesos are equivalent to 1 bitcoin.
Likewise, BTC marked a new high this Tuesday, October 29 in Canada. The price of the digital currency in that country is 98,999 Canadian dollars and thus slightly exceeded the ATH that it had recorded in March 2024.
For its part, bitcoin also marked a new ATH against the Turkish lira:
The truth is that the digital asset market is pulsating like never before. The United States presidential elections will take place starting next November 5.
As CriptoNoticias already reported, bitcoin may be one of the issues that defines the contest electoral which features Donald Trump (Republican Party) and Kamala Harris (Democratic Party).
In his campaign, the former president showed a stance in favor of the digital asset industry and even promised that the United States would be a leader in cryptocurrency mining.
Perhaps the market took note and began to make movements in anticipation of a possible victory for Donald Trump.
According to Polymarket, 66% are betting on a victory for the Republican leader over the current vice president of the United Stateswhich only garners 33% one week before the presidential elections.
For Grayscale, a digital asset investment firm, the cryptocurrency betting platform has the potential to be a “source of truth”. In fact, several media outlets in the United States already use it more frequently than traditional surveys.
