Industry watchers are pointing to Bitcoin’s increasing correlation with the winning odds of former President Donald Trump.
Bitcoin’s price reached a more than two-and-a-half-month high as its correlation with former United States President Donald Trump’s election-winning odds seemed to align.
The Bitcoin (BTC) price rose almost 10% over the past week, surpassing $68,200 for the first time since the end of July, according to Cointelegraph data.
The rally occurred shortly after Trump’s lead over Vice President Kamala Harris rose to a record high on the leading decentralized predictions market.
